Eurozone Global demand propels eurozone factories into full throttle mode Orders, goods and jobs growing at record rate since the creation of the single currency Workers at the Porsche factory in Stuttgart-Zuffenhausen, Germany. A breakdown of the purchasing managers’ index, produced each month by IHS Markit, showed robust growth in every eurozone country. The IHS Markit data shows manufacturing growth as an index, with readings below the 50 level showing shrinkage while results higher than 50 demonstrate growth. Chris Williamson, chief business economist at IHS Markit, said: “The eurozone’s manufacturing boom continued in full swing in January. EU countries ranked by manufacturing PMINetherlands 62.5Austria 61.3Germany 61.1Italy 59.0France 58.4Ireland 57.6UK 55.3Spain 55.2Greece 55.2Source: IHS Markit and Markit CIPS

Source: The Guardian February 01, 2018 16:52 UTC