• The upturn in the euro area manufacturing sector continued to surge forward in November says Markit

Market news

1 December 2017

The upturn in the euro area manufacturing sector continued to surge forward in November says Markit

Strong accelerated expansions in production and new orders, aided by series-record growth in new export business, underpinned the steepest increase in employment since the survey began in June 1997. The final IHS Markit Eurozone Manufacturing PMI rose to 60.1 in November, its best reading apart from April 2000's series-record high. The headline PMI has now remained above the neutral 50.0 mark for 53 months, with the latest figure slightly above the earlier flash estimate of 60.0.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.