Eurozone manufacturing PMI at near 11-year peak in February; Input costs rise at record rates in almost all nations
Mar 1st, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Markit Final Eurozone manufacturing PMI (Purchasing Managers' Index) was at a near 11-year peak in February at 59.0 in February, was unchanged from the earlier flash estimate, confirming the pace of growth as the fastest since June 2000. Inflationary pressures continued to build, however, as input costs and output prices both rose at series record rates.