The Economy Economy Euro Zone has increased in January

S&P Global and Hamburg Trade Bank (HCOB) published the Verbund and Service purchasing managers (PMI) of the Euro Zone for January.

According to the data, production in the euro zone in January slightly increased. The Euro Zone economy has grown for the first time since August last year in January.

The euro zone, which was 49.6 in December, reached 50.2 on the stove. Thus, the composite PMI in the euro zone has the highest level of the past 5 months. In addition, the service sector, which was 51.6 in December, was measured at 51.3 in January.

More than 50 points in PMI data show growth and six narrowing.