Bulletin

Eurozone output is up ... just

The eurozone's manufacturing sector managed to stay in positive territory last month, despite a poor performance from Greece. The purchasing managers' index for the eurozone rose slightly from 50.6 in December to 51 in January, with improvements in business conditions recorded in Germany, Spain, Ireland and the Netherlands. However France, Italy, Austria and Greece all reported downturns. The latter slumped to a 15-month low of 48.3, the lowest reading of all the European countries that Markit monitors. Chris Williamson, chief economist of Markit said: 'There is a real possibility that the impact of the European Central Bank stimulus could be compromised by uncertainty and instability arising from the unfolding political situation in Greece, which remains a major risk to the economic outlook for the region.'

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

 

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin

Where Next?