Eurozone PMI points to activity rebounding to 4½-year high
Posted on November 23, 2015 at 11:26 am GMTThe latest Markit flash PMI readings for the Euro area have shown a surprise uptick in Eurozone activity in November. The flash reading of the composite PMI, which measures all activity across the Eurozone, rose to a 4½-year high of 54.4 in November from 54.0 in October. The figure was higher than consensus estimates of 53.9. There was improvement in employment, new orders, and backlogs of work, which all rose to 54-month highs. The services sector performed more strongly than [..]