Context

Because the manufacturing sector represents nearly a quarter of total Eurozone GDP, the Eurozone Manufacturing PMI is both a significant and timely indicator of business conditions and of the general health of the economy. It shows a good correlation with industrial production growth on a 3-month/3-month basis, contemporaneous GDP growth, and European Central Bank (ECB) interest rate decisions.

vierteljährlich

TcTerms Source Question

View the question

___________
Entry in TCTerms English-German Glossary. Rendering: 0.2188 sec.