03-02-2014, 08:48 PM
Euro zone is picking up...
Euro zone factories enjoy solid start to 2014
LONDON – Euro zone factories enjoyed their strongest month since mid-2011 in January as new orders flooded in, prompting them to take on new staff for the first time in two years, business surveys showed on Monday.
The increase was led by a sharp pick-up in Germany and a revival in the euro zone’s periphery members, but a continuing downturn in France, the bloc’s second-biggest economy, remained a drag on the region.
Markit’s final Eurozone Manufacturing Purchasing Managers’ Index rose to 54.0 last month, pipping an earlier flash reading of 53.9 and comfortably ahead of December’s 52.7. The last time it was higher was in May 2011.
A reading above 50 indicates growth in activity.
...
http://www.todayonline.com/business/euro...start-2014
Euro zone factories enjoy solid start to 2014
LONDON – Euro zone factories enjoyed their strongest month since mid-2011 in January as new orders flooded in, prompting them to take on new staff for the first time in two years, business surveys showed on Monday.
The increase was led by a sharp pick-up in Germany and a revival in the euro zone’s periphery members, but a continuing downturn in France, the bloc’s second-biggest economy, remained a drag on the region.
Markit’s final Eurozone Manufacturing Purchasing Managers’ Index rose to 54.0 last month, pipping an earlier flash reading of 53.9 and comfortably ahead of December’s 52.7. The last time it was higher was in May 2011.
A reading above 50 indicates growth in activity.
...
http://www.todayonline.com/business/euro...start-2014