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Eurozone PMI hits 41-month high

05:43

Eurozone PMI hits 41-month high
Source: Adobestock

Eurozone business activity accelerated in September, with the preliminary S&P Global composite PMI rising to 53.1 from 52.0 in August, its highest reading in 41 months. The improvement was led by services, where the PMI increased to 53.0 from 51.6, above economists’ expectation of 51.5.

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