Eurozone recovery speeds up, activity at 27-month high: survey
BRUSSELS (AFP) - Eurozone business activity continued to pick up in September hitting a 27-month high that offered a fresh hope of recovery gathering pace, a key survey showed on Friday.
The Composite Purchasing Managers' Index increased to 52.2 points in September after 51.5 in August, according to a second estimate by Markit Economics, which compiles the closely-watched survey.
A first estimate had shown the index at 52.1 points.
The index, considered a reliable leading indicator of the economic climate, has improved in each month since March, remaining above the 50-mark that signals expansion throughout the third quarter.