Eurozone PMI Due Tuesday

Eurozone’s flash composite Purchasing Managers’ Index for February is expected to be released on Tuesday, Yahoo reported. This latest PMI data will be closely watched as it will be an important indicator of whether the stronger growth trend is likely to be sustained and whether underlying inflation pressures are increasing. Eurozone PMI data improved further in January and there was further evidence of upward pressure on prices. But there is still an important element of skepticism surrounding growth trends amid expectations that growth will tend to falter quickly.