August saw the eurozone economy remain resilient in the face of ongoing headwinds, with business activity increasing at the fastest pace in over four years. Levels of incoming new business also rose at a solid, albeit slightly slower, pace to support the second-quickest rate of job creation since May 2011. The final Markit Eurozone PMI® Composite Output Index rose to 54.3 in August, up from 53.9 in July, as output growth accelerated moderately in both the manufacturing and service sectors. Spain recorded by far the sharpest growth of economic activity among the ‘big-four’ eurozone nations in August, seeing its ... (full story)