It's not just one index improving. We've got output, new orders, exports, employment and purchasing all rising at faster rates and all at levels not seen for over five years.
More Quotes from Chris Williamson:
Things are very much dependent on exports at the moment and the euro may hold the key to Italy's performance.Chris Williamson
Especially given the height of the output and order book indicators, you would be hoping for a stronger (employment index) number than that.
Chris Williamson
Slower than expected sales growth over the course of the year led to a trimming of marketing spend compared to that originally budgeted for the year. Companies are clearly entering 2006 in a more cautious mood than in recent years.
Chris Williamson
In Germany, output prices are remaining very subdued and it's a suggestion that German companies are being more competitive than companies in, say, France and Italy on price, and therefore winning more business abroad.
Chris Williamson
That's great for corporate profitability. It will cause concerns for the European Central Bank, however.
Chris Williamson
At the speeds we're going we have to trust each other. I have to trust the lines he's taking me on. He's got to trust that if he has any problems, I'm not going to run into him.
Chris Williamson
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