The indicator represents alteration of the market value for all goods and services meant for use and manufactured over a certain period of time in all economic sectors to be used on a country’sterritory,exported or collected regardless the ethnic background of the employed production factors. It is the most complete indicator of the economic climate.
Effect of market
The Index growth or the actual value raise exceeding the forecast is a positive sign for the Euro.
It might have a strong influence over the common currency dynamics.