- Machinery & equipment remains fastestgrowing European sector
- Sharpest drop in healthcare services activity in nearly five years
- First decline in construction & engineering activity since August 2016
The latest Europe Sector Purchasing Managers’ Index (PMI) showed slower rates of output expansion across many sectors in March, continuing the broad trend seen since the start of 2018.
The fastest-growing sector was machinery & equipment, followed by technology equipment, construction materials and general industrials respectively. This mirrored the top four positions in February.
Source: Markit economics, https://www.markiteconomics.com