Eurozone recovery continues in January but output growth slows
Jan 22nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Eurozone recovery continued in January but output growth slowed. The Markit Flash Eurozone Composite Output Index, based on around 85% of normal monthly survey replies, registered 53.6 in January, indicating an increase in private sector output for the sixth successive month. The index fell for the first time since bottoming out in February of last year, down from 54.2 in December, signalling a modest easing in the rate of expansion.