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Eurozone Private Sector Growth Accelerates More Than Estimated

The euro area private sector growth improved more than initially estimated in May driven by the resurgence in the services economy amid easing of the COVID-19 related restrictions, final data from IHS Markit showed on Thursday.

The final composite output index rose to 57.1 in May from 53.8 in April. The flash reading was 56.9.

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by RTTNews Staff Writer

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