Eurozone Private Sector Growth Hits 41-Month High
Euro area private sector expanded at the fastest pace in nearly three-and-a-half years in September, driven by rising demand and employment, according to final purchasing managers' survey data.
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Eurozone private sector growth hits 41-month high
The HCOB flash eurozone composite purchasing managers' index, compiled by S&P Global, rose to 53.1 from 52.0 in August, its highest reading since April 2023. A reading above 50.0 indicates expansion.Growth strengthened across both manufacturing and services. The services business activity index cli…