Tuesday, 04 February 2014 - 12:30
Eurozone manufacturing hits 32-month high: Markit
Eurozone manufacturing activity hit a 32-month high in January, driven by economic powerhouse Germany and helped as struggling France finally picked up.
The Markit Economics eurozone manufacturing sector Purchasing Managers Index, a leading indicator of growth, rose to 54 points in January from 52.7 in December, moving further into positive territory above the 50-points boom-or-bust line.
Markit said the expansion in January was the strongest since May 2011, with the headline figure rising in each of the last four months.