Eco­nomic ku­dos

The Star Early Edition - - WORLD -

MOSCOW: EURO­ZONE man­u­fac­tur­ing Pur­chas­ing Man­agers’ In­dex (PMI), an in­di­ca­tor of the eco­nomic health of the sec­tor, reached 54.9 in De­cem­ber – the high­est since April 2011, the Markit Eco­nom­ics con­sult­ing com­pany said.

“The Euro­zone man­u­fac­tur­ing sec­tor ended 2016 on a high note at 54.9, up from 53.7 in Novem­ber. The fi­nal Markit Euro­zone Man­u­fac­tur­ing PMI posted its best read­ing since April 2011,” the re­port said. The Nether­lands ranked high­est, fol­lowed by Aus­tria and Ger­many.

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