Showing posts with label eurozone. economic recovery. Show all posts
Showing posts with label eurozone. economic recovery. Show all posts

Tuesday, April 19, 2011

Eurozone PMI points to sustained recovery

The eurozone is on track for a sustained economic recovery according to a closely watched industry survey – but at the cost of a widening gulf between the German-led core and the struggling periphery.

The Markit purchasing managers’ index for the eurozone rose to 57.8 in April from 57.6 in March, well above the 50 mark that indicates economic expansion.