Tag Archives: Purchasing Managers’ Index

Falls reported in construction sector

Tough start to the year for construction sector

The construction sector has endured a tough start to the year according to the latest figures from the Ulster Bank construction purchasing managers’ index. The latest figures in the index fell to 45.8 in February from 46.4 in January to stand at its lowest level since last October. Any figure over 50 signals growth in a [...]

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No ECB cuts expected this month

The European Central Bank, after two recent interest rate cuts and a series of unprecedented liquidity measures, will hold its fire this month, as it assesses the impact of those previous measures, analysts have predicted. The recent raft of economic data, notably in Europe’s economic powerhouse Germany, has been surprisingly positive, so the bank at [...]

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