PMIs: Worst of euro zone's downturn may have passed

By REUTERS
January 4, 2013 11:55

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

LONDON - Tentative signs emerged in December that the euro zone economy may have passed the worst of its downturn, although a recovery still looks some months away, a business survey showed on Friday.

Markit's Eurozone Composite PMI, which gauges business activity across thousands of companies, rose in December to 47.2 from 46.5 in November. The headline figure was revised down slightly from an initial reading of 47.3.

While lingering below the 50 line dividing growth from contraction for an 11th month, December's reading was the highest since March last year.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 19, 2018
Liberman: Now everybody understands why we lost deterrence

By JERUSALEM POST STAFF