- Francis Généreux
Principal Economist
Economic News
European PMIs Move Higher
February 21, 2023
The flash Eurozone PMI Composite Output Index was up again in February, from 50.3 in January to 52.3, its highest level since May 2022. Rising PMIs and PMIs topping 50 are a sign of stronger economic growth. They're also a sign central banks may have to continue raising interest rates.