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The index of business activity in the eurozone fell to a minimum of 5 months


October, 05 2021
watermark Economic news

According to the final assessment of analysts at Markit Economics, the composite PMI business activity index in industry and services of 19 eurozone countries in September fell to 56.2 points – the lowest level since April. In August, the indicator was fixed at 59.0 points. Analysts expected the indicator to be at the level of a preliminary estimate of 56.1 points.


The index of business activity in the eurozone services sector in August fell to 56.4 points, which was also the lowest since April. In August, the indicator was 59 points. Experts expected a decrease in the indicator to 56.3 points.


At the same time, the composite PMI index in Germany, Europe's largest economy, fell to a seven-month low in September and amounted to 55.5 points against August's 60 points and a preliminary estimate of 55.3 points. The German services PMI fell to 56.2 points from 60.8 points in August against the preliminary estimate of 56 points. Analysts expected indicators at the level of 55.3 points and 56 points, respectively.


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