The Eurozone composite PMI rose to 54 in April, compared to 53,1 recorded in March, confirming the flash estimate. Furthermore, according to the Markit survey, the index relating to services stood at 53,1 from 52,2 recorded in March.
The composite index of production in the Eurozone, reads the note, “increased for the tenth consecutive month and reached the highest level since May 2011. Growth was again led by the manufacturing sector whose production recorded the fastest increase net since January. Services business grew at fastest rate in 34 months.
