-
Renewed upturn in Euro-zone PMI ends best quarter for two-and-a-half years
The Markit Eurozone PMI® Composite Output Index rose to 52.1 in December, according to the flash estimate, up from 51.7 in November. The upturn brings the rate of growth close to the 27-month peak seen in September and marks a reversal of the easing in the rate of growth seen over the prior two months. Growth of new orders also accelerated, showing the biggest jump in demand for goods and services since June 2011. Manufacturing led the upturn, with output rising for the sixth successive month and the rate of increase hitting the highest since April 2011. New orders at goods producers likewise rose for a sixth month, ... (full story)