Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Economic area continuing to surge as we reach the end of 2017

Purchasing managers’ index (PMI) data on the eurozone economy shows jobs growth and manufacturing orders at 17-year-highs and suggests the economy could be growing faster than expected.

The headline PMI figure from IHS Markit came in at 57.5 (any figure above 50 implies growth) with the upturn led by the manufacturing sector.

PMI readings are considered to be reliable indicators for future economic growth because they are based on surveys of the people responsible for buying the goods and services required
by a company.

‹ Previous2017-11-30Next ›