The Index that is calculated on the basis of purchasing managers’ survey. The aim of survey is to estimate the changes that have happened in this field. The numbers of the Index lower than 50 characterize a start of deceleration in the development of European economy.
Not only objective factors but psychological as well (subjective evaluation of surveyed managers) press on the formulation of final index. It gives the weight to the Service PMI and that’s why the bidders pay special attention to this index.
