The euro zone's Purchasing Managers' Index (PMI) reached 52.5 points in March, the highest level since the end of 2018. The result was above the 50-point mark, signaling economic growth, 48 , 8 in February. The industry PMI was 62.4 points from 57.9 points, the highest result since the survey began in June 1997 and well above all projections of 57.7 points. In spite of this, concerns follow the third wave of dissemination of the coronavirus pandemic and intensification of social restriction measures in European countries. The preliminary service sector PMI rose to 48.8 points in the period, after 45.7 points in February, despite being above the 46.0 point expectation.
This text was translated by machine from Brazilian Portuguese.