Arab Today, arab today eurozone manufacturing rallies
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Despite French PMI drop

Eurozone manufacturing rallies

Arab Today, arab today

Arab Today, arab today Eurozone manufacturing rallies

Audi A3 production line in Ingolstadt
London - Arab Today

Audi A3 production line in Ingolstadt London - Arab Today Eurozone manufacturing activity held firm in October despite unexpectedly weak signals from France, a closely-watched survey indicated on Monday. The eurozone manufacturing Purchasing Manager's Index (PMI) compiled by Markit Economics recorded 51.3 points going by final survey results collected from about 3,000 firms. That was unchanged from a first estimate. But France slumped into territory indicating economic contraction in manufacturing, on a four-month low of 49.1 points as against an initial estimate of 49.4. France and Greece were the only two of the 17 eurozone countries to see a drop in private manufacturing business activity. The best performer in October was Ireland, on a 30-month high of 54.9 points. The index is regarded as a reliable indicator of how the manufacturing sector will perform, and is watched as a guide to the trend of the economy Markit said there were signs that manufacturing was more than holding its own in the eurozone's fragile and uneven recovery in the third quarter after a record 18-month recession. The researchers said manufacturing production, new orders, new export orders and stocks of finished goods were all in better positions in October than in September, although employment fell for the 21st month in a row. "The eurozone manufacturing economy is undergoing its strongest growth period for two-and-a-half years," said Markit chief economist Chris Williamson. However, the re-emergence from recession "is by all measures frustratingly slow," despite signs of turnaround in Spain and Italy, taken by Williamson to suggest that structural reforms to boost competitiveness "are starting to pay off." Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone manufacturing rallies Arab Today, arab today eurozone manufacturing rallies

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone manufacturing rallies Arab Today, arab today eurozone manufacturing rallies

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الاقتصاد
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday