Eurozone manufacturing and services economy regains some lost momentum in November
Nov 23rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone Economy: The Markit Flash Eurozone Composite Output Index, based on around 85% of usual monthly replies, rose for the first time in four months in November, up from October’s eight-month low of 53.8 to reach a three-month high of 55.4. Growth accelerated to three-month peaks in both manufacturing and services. However, the average Output Index reading for Q4 so far (54.6) remains below that seen in Q2 (56.6) and Q3 (55.7).