Eurozone economic growth gathers pace


FRANKFURT: Eurozone economic growth accelerated to its fastest pace this year as growing order books prompted companies to add more workers and raise prices.

A Purchasing Managers’ Index (PMI) for manufacturing and services rose to 54.1 in November from 53.3 a month earlier, IHS Markit said. That’s the strongest level in 11 months and above the 50 mark that divides expansion from contraction.

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