At 56.0, up from 54.4 in January, the final Markit Eurozone PMI Composite Output Index rose to a 70-month high and was unchanged from the earlier flash estimate. Output growth was led by the manufacturing sector. Improved inflows of total new orders and new export business drove the rate of expansion in manufacturing production to its highest since April 2011.

Growth momentum also strengthened in the service sector, with business activity rising to the greatest extent for over five-and-a-half years