Eurozone factory PMI rises to strongest pace since 2022
Final S&P Global data showed euro area manufacturing expanded at its strongest pace since 2022 in August. The manufacturing Purchasing Managers’ Index hit a 51-month high of 52.7, supported by production and new orders.
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The euro area manufacturing sector expanded at the strongest pace since 2022 in August, driven by robust production and new orders, final data from S&P Global showed on Tuesday.The manufacturing Purchasing Managers' Index hit a 51-month high of 52.7 in August fr…