Saturday, April 25, 2009

Worst of recession over for eurozone, index suggests

Worst of recession over for eurozone, index suggests

An unexpected, sharp rise in the European purchasing-managers index, widely followed as a leading economic indicator, points to the possibility that the eurozone has already gone through the worst of the recession and is poised to move in the direction of growth. The composite purchasing-managers index posted its biggest improvement this month since the survey began in 1998

No comments:

Post a Comment