Monday, November 23, 2009

The November index PMI for services eurozone has exceeded projections

Business activity in the services eurozone rose in November in relation to the previous month. According to preliminary data, the PMI services sector (Services PMI) rose to 53.2 points during the period when the forecast 52,7 points. Recall that in October the figure was 52.6 points.
Note that the PMI index accurately reflects the economic conditions in the services sector, the overall economic situation and development prospects. The value of the above 50 points indicates growth in business activity, below - to decline.

No comments: