
Euro zone businesses perform better than expected in February as manufacturing bounces back, PMI shows - Reuters
Euro zone businesses perform better than expected in February as manufacturing bounces back, PMI shows Reuters
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"This could be the turning point for the manufacturing sector as the headline PMI increased to growth territory."
— Dr Cyrus de la Rubia , Academic
"German industry is growing again."
— Dr Cyrus de la Rubia , Academic
"The main drag continues to come from the demand side as new orders declined yet again."
— Jonas Feldhusen , Academic
"February's flash PMIs support the view that activity in the euro zone economy is growing at a reasonable pace, led by a pick-up in Germany."
— Andrew Kenningham , Academic
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<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxNMWxYVEN0dk9lYmZpSXZKVHZzYTRXTHlPRXMxMGktOUdIMy1yd2hNMVJtNDhHUHlLdTJmazBGMVhIZEw5Rko5MUxMclFWYVRYTlNyUE9JTXpCUTJseV9EbTRwNkpaYUU0aDdXdFFTUjNPaGoxcnZCdXRZSjRoWTR2THFLNlVDcGlTRldBYWlGcUF4RmNSTmN0X1dmbGVsQlBid0FybnhQUDdKbm42WlVjam4tdGlzWF9FekFEQWhB?oc=5" target="_blank">Euro zone businesses perform better than expected in February as manufacturing bounces back, PMI shows</a> <font color="#6f6f6f">Reuters</font>
Eurozone manufacturing returned to expansion in February, reaching its strongest level since June 2022, with the manufacturing PMI rising to 50.8 points.
Eurozone business activity expanded at its fastest pace in three months during February, with the manufacturing sector showing particular strength, according to flash PMI survey data released by S&P Global.
The Eurozone's February flash services PMI was 51.8, slightly below the expected 51.9, indicating continued growth in the services sector, though at a marginally slower pace than anticipated.
Euro zone business activity accelerated in February, with manufacturing returning to growth for the first time since October, according to the HCOB Flash Eurozone Composite PMI.
Euro zone business activity accelerated faster than forecast in February, with manufacturing returning to growth for the first time since October, according to a survey.
Germany's private sector saw business activity growth accelerate to a four-month high in February, driven by improved performance in services and the first manufacturing expansion in over three-and-a-half years, a survey showed on Friday.
Euro zone business activity accelerated faster than forecast in February, with manufacturing returning to growth for the first time since October, according to the HCOB Flash Eurozone Composite PMI.
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