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Eurozone Private Sector Logs Strongest Growth In 16 Months

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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The euro area private sector expanded the most in 16 months in September driven by the acceleration in services activity growth, flash survey results published by S&P Global revealed on Tuesday.

At 51.2, the HCOB composite output index climbed slightly from August's 51.0 and was above forecast of 51.1. The index posted above the 50.0 no-change mark for the ninth straight month in September.

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