Website maintenance:

We will carry out maintenance on the website for a period to come. We apologize in advance for any problems this may cause. If you are unable to access the website it is probably due to updates. Please try to re-enter the website in 10 minutes time. Sincerely, The Web Development team!

Economic growth in the eurozone in 2016

EU flagEU flag.Photo Norway Today Media

Advertisement

December was a strong month for business activity in the euro zone, and the year ended with growth in the EU countries.

Purchasing Manager’s index rose to 54.4 points in December, compared with 53.9 in November, according to fresh figures from the research company IHS Markit.
A level above 50 indicates increasing production and economic growth, while the lower level is an indication of declining activity.
Growth in the 19 countries of the eurozone is at its highest level since 2011. According to the company, the growth is due to increased output and inflation.
Source: NTB scanpix / Norway Today

Advertisement