Eurozone manufacturing growth in December accelerated and job creation rose to 10-year high
Jan 3rd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Markit Final Eurozone Manufacturing PMI (Purchasing Managers' Index) rose to 57.1 in December, up from the earlier flash estimate of 56.8 and its highest reading since April’s 46-month peak. The level of the PMI accelerated throughout Q4 2010 and has remained above the neutral 50.0 mark for 15 months in a row. Growth of output and new orders drove job creation to a 10-year high.