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Economy And The Numbers

Eurozone Manufacturing Growth Accelerates In December

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Eurozone manufacturing conditions improved to its highest level since May 2018 driven by stronger rises in output and new orders, final data from IHS Markit showed Monday.

The manufacturing Purchasing Managers' Index rose to 55.2 in December from 53.8 in November. The reading was below the flash estimate of 55.5.

The headline reading was above the crucial 50.0 no-change mark that separates growth from contraction for a sixth successive month.

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