Global Economic News

Eurozone Private Sector Logs Moderate Growth

The euro area private sector logged a moderate growth in August, though the pace of expansion improved slightly more than initially estimated, the latest data from IHS Markit showed Wednesday.

The final composite output index rose to 51.9 in August from 51.5 in July. The flash score was 51.8. Any reading above 50 indicates expansion in the sector.

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by RTTNews Staff Writer

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