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Thứ tư, ngày 6 tháng 11 năm 2024
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Ngày 06/05/2014-09:09:00 AM
Eurozone manufacturing PMI reaches 3-month high in April

Eurozone manufacturing purchasing managers' index (PMI) rose to 53.4 in April from the flash estimate of 53.3, hitting a 3-month high, reported by Markit Economics Friday.

The index is also higher than 53.0 in March, indicating the expansion of the industry for ten successive months.

April saw a broadening of the recovery, with PMI readings for all of the nations for which data are collected above the 50.0 mark, which divides expansion from contraction, for the first time since November 2007, said the London-based survey compiler.
Price pressures remained on the downside, said the agency.
Input costs fell at the fastest pace since July 2013. Meanwhile, the output charges declined slightly for the second straight month.
"The Eurozone PMI paints a promising picture for the region's manufacturers at the start of the second quarter," a Markit statement quoted its chief economist Chris Williamson as saying.
"It remains to be seen is whether this strengthening of demand will feed through to more pricing power, which remains weak due to the widespread existence of spare capacity and high unemployment in many countries," the analyst added./.

English.news.cn

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