Eurozone September Final Services PMI (Table)

By Kristian Siedenburg

Oct. 5 (Bloomberg) -- Markit Economics today released the September final purchasing managers’ index for the eurozone. The PMI’s are designed to provide a single figure snap-shot for the Eurozone. It is based on a survey of over 2,000 business executives in the Euro area and it’s designed to provide the most up-to-date picture of business conditions. Anything above 50 indicates expansion; below 50, a contraction. The greater the divergence from 50, the greater the rate of change.

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                        Sept.   Flash    Aug.    July    June     May   April
                         2009     PMI    2009    2009    2009    2009    2009
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Services PMI              50.9    50.6    49.9    45.7    44.7    44.8    43.8
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NOTE: The PMI series, is one of the most closely watched business surveys in
the world. It provides up-to-date, accurate and often unique monthly
indicators of economic trends.

Source: Markit Economics

To contact the reporter on this story: Kristian Siedenburg in Budapest at ksiedenburg@bloomberg.net