ECONOMICS COMMENTARY
Jan 08, 2014
EU autos sector records sharp turnaround in 2013
EU sector PMI data for 2013 showed a broad-based upturn in economic performance in Europe. One of the year's biggest success stories was automobiles & auto parts which, after finishing bottom of the PMI league in 2012 (with the lowest average PMI score for the year as a whole), saw a sharp recovery and boasted the third-best quarterly average of all detailed sectors monitored by the survey in Q4 2013.
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