IHS Markit

Eurozone economy hits 6-year high in April

The eurozone economy grew at its fastest pace in six years in April on the back of strong demand and "widespread optimism" about the outlook, a closely watched survey showed April 21.

Data monitoring company IHS Markit said its April Composite Purchasing Managers Index came in at 56.7 points, the highest reading since April 2011 and up from 56.4 points in March.

Greek factory activity shrinks in September as output, orders drop

Activity in Greece's manufacturing sector shrank again in September after expanding in August, as production and new orders dropped, a survey showed on Monday.

Markit's Purchasing Managers' Index for manufacturing, which accounts for about 10 percent of the Greek economy, fell to 49.2 points last month from 50.4 in August. Readings below 50 denote contractions in activity.

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