Eurozone manufacturing picks up as weaker euro bolsters exports


FRANKFURT: Eurozone industrial output expanded at its strongest pace in almost three years in November as a decline in the single currency and improved business conditions helped counter geopolitical uncertainties.

A Purchasing Managers’ Index for manufacturing rose to 53.7 from 53.5 in October, IHS Markit said, in line with a previous flash estimate.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Europe , PMI , factory

   

Next In Business News

Wall St set to open slightly higher, extend weekly gains
ACE Market-listed Pappajack seeks to transfer listing to Main Market
GIIB affirms financial statements integrity amid former director's forgery charges
Ringgit retreats against US dollar at the close on profit-taking
Mokhzani Mahathir is stepping down as chairman of Maxis
Malayan Flour Mills earmarks RM300mil capex for FY24
Epicon gets subcontract job worth RM50mil
Kawan Renergy IPO oversubscribed by 94.99 times
FBM KLCI extends gain to fresh 26-month high
Top HSBC shareholder Ping An will retain investment in bank, source says, amid sale talk

Others Also Read