The euro area private sector grew at the fastest pace since last July as a record expansion of manufacturing output was accompanied by a return to growth in the service sector, flash survey data from IHS Markit showed on Friday.
The flash composite output index rose unexpectedly to a 9-month high of 53.7 in April from 53.2 in the previous month. The score was forecast to fall to 52.8. A score above 50.0 indicates expansion.
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