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Euro zone business activity nears 3-year peak

From cnbc.com

A nascent recovery in euro zone business activity continued on Wednesday with data managing to beat analysts' expectations, despite slower growth in France and fears of falling prices weighing on sentiment. Markit's flash purchasing managers' index (PMI) for April revealed that the euro zone's composite index rose to 54.0, up from 53.1 in March. A reading above 50 marks an expansion in the private sector. The data was driven by strong growth in Germany, with the composite number rising to 56.3 in April, from 54.3 in March. France saw slower growth in its private sector, but output rose for a second month with a ... (full story)

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