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Tag Archives: pmi

UK service sector growth accelerates

PMI figures for services indicate faster 2015 growth than in the same period in 2014

Activity in the UK’s service sector has accelerated to its fastest pace since August last year, according to a survey. The Markit/CIPS Purchasing Managers’ Index (PMI) survey rose to 58.9 in March, its strongest reading since August last year and up from the 56.7 recorded in February. Any reading below ...

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Euro zone manufacturing boosted by weak euro

Manufacturing activity across the euro zone accelerated faster than expected

Growth of the euro zone manufacturing production accelerated to a ten-month high in March while the weak Euro boosts exports, according to business survey. The release by Markit’s final March manufacturing Purchasing Managers’ Index (PMI) shows that the manufacturing sector had reached a 10-month high of 52.2. It has been ...

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