
The Euro-zone Manufacturing Purchasing Managers Index (PMI) assesses business conditions in the manufacturing sector. Because the manufacturing sector represents nearly a quarter of total Euro-zone GDP, the Euro-zone Manufacturing PMI is both a significant and timely indicator of business conditions and the general health of the economy. Results are quantified in an index in which values above 50 indicate an expected increase of business conditions and values below 50 signal an expected deterioration.
Relevance:
Rarely affects markets
Release schedule : 9:00 (GMT); monthly, first working day of every month
Source of report : NTC Research
Web Address : http://www.ntc-research.com/
Address of release : http://www.ntc-research.com/PressCenter/ReleaseDates.asp
AKA : Manufacturing Purchasing Managers Index
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