by Associated Press Survey finds eurozone started 2015 stronger than thought Associated Press - 4 February 2015 04:19-05:00 LONDON (AP) — A closely watched survey is indicating that the 19-country eurozone economy started 2015 on a far more solid footing than previously thought. Financial information company Markit says its purchasing managers' index, a gauge of business activity, rose to a six-month high of 52.6 in January from the previous month's 51.4. January's outcome was better than the initial estimate of 52.2. Anything above 50 indicates expansion. Among the big-four nations, Markit found output expanded in Germany, Italy and Spain, but the downturn in the French economy extended into its ninth month. Markit also found that the rate of job creation inched up to its best level since mid-2011. It said developments in Greece and the situation in Russia represent risks to the outlook. News Topics: Business, General news, Economy People, Places and Companies: Europe, United Kingdom, Western Europe Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
 |
| READ THE ORIGINAL POST AT www.neurope.eu |