The index reflects the change of output In the manufacturing and mining, forestry, and electricity production.
High or rising index values indicate the development of the economy.
Despite the fact that production in the GDP structuretakes asmaller part than the service sector, the index is a good indicator of the regional economic situation.
Effect of market
The market indicator value is lowered by previously published similar figures forFrance and Germany, with theirsharerepresenting about a half of the Eurozone economy.
Overall, the growth rate is positive for the Euro.