Eurozone September business activity grows at fastest pace in 41 months
According to 36Kr, Eurozone private-sector business activity accelerated significantly in September, with the composite PMI reaching its highest level in nearly three-and-a-half years. Both manufacturing and services expanded, while improvements were also seen in Germany and France.
Key facts
- 01New orders and export demand continued to recover.
- 02The growth rates of corporate costs and selling prices both accelerated simultaneously.
- 03The coexistence of growth resilience and inflation pressure increased market focus on a potential European Central Bank rate hike within the year.
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