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Euro zone factory growth loses momentum in Feb though demand firm | Hellenic Shipping News Worldwide

Momentum in euro zone manufacturing growth waned slightly last month but activity was still strong and supply chain constraints eased, a survey showed, although factories and consumers faced soaring prices. IHS Markit’s final manufacturing Purchasing Managers’ Index (PMI) dipped to 58.2 in February from January’s 58.7, below an initial “flash” estimate of 58.4 but comfortably ...
Joe Hayes Susan Fenton European Central Bank Purchasing Manager Index February Reuters Jonathan Cable

Euro zone economic recovery rebounded in Feb despite soaring prices -PMI | Hellenic Shipping News Worldwide

The euro zone economic recovery rebounded sharply this month as an easing of coronavirus restrictions gave a boost to the bloc’s dominant service industry, a survey showed, but consumers faced prices rising at a record rate. As the Omicron coronavirus variant swept across Europe some governments reimposed measures to contain its spread, but with large ...
Toby Chopra Chris Williamson European Central Bank Flash Composite Purchasing Manager Index Jonathan Cable

Euro zone business growth lost more momentum in Jan as Omicron hit demand | Hellenic Shipping News Worldwide

Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictions to contain the Omicron coronavirus variant, a survey showed. Some governments in the currency union have been encouraging citizens to stay at home to try and stop the more virulent variant from spreading ...
Toby Chopra Chris Williamson European Central Bank Composite Purchasing Manager Index Jonathan Cable

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Euro zone recovery stumbled in Jan as Omicron hit services -PMI | Hellenic Shipping News Worldwide

The euro zone economic recovery weakened this month, despite an upturn in Germany where factories benefited from an easing in supply chain bottlenecks, as renewed restrictions put a dent in the bloc’s dominant services industry, a survey showed. With the Omicron coronavirus variant sweeping across Europe governments have been encouraging citizens to stay home and ...
United Kingdom Toby Chopra Bert Colijn European Central Bank European Union Flash Composite Purchasing Manager Index

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