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Euro zone businesses had bumper November, sprinting to year-end - PMI


By Jonathan Cable(Reuters) - Business activity across the euro zone accelerated in November as firms struggled to meet boomingdemand, according to a survey giving the latest evidence the bloc's economy was a star performer this year.Forward-looking indicators in the survey suggest the momentum will be maintained this month.IHS Markit's final composite Purchasing Managers' Index for the euro zone, seen as a good guide to growth, was confirmed at an earlier flash reading of 57.5, up from October's 56.0.The PMI scaled its highest level since April 2011 and was comfortably above the 50 mark that ...

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First Published: Tue, December 05 2017. 16:00 IST