Eurozone growth highest in February since mid-2006; Rate of output price inflation shows record acceleration
Feb 21st, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Markit Flash Eurozone Composite Output Index, based on around 85% of usual monthly replies, rose from 57.0 in January to 58.4 in February. The latest reading signalled the strongest monthly expansion since July 2006 and one of the strongest growth rates in the near 13-year history of the survey. The rate of output price inflation showed record acceleration.