FRANKFURT: Eurozone economic growth accelerated to its fastest pace this year as growing order books prompted companies to add more workers and raise prices.
A Purchasing Managers’ Index (PMI) for manufacturing and services rose to 54.1 in November from 53.3 a month earlier, IHS Markit said. That’s the strongest level in 11 months and above the 50 mark that divides expansion from contraction.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.