The eurozone manufacturing economy registered another stellar performance in April, with operating conditions improving at a rate that surpassed March’s survey record. This was signalled by the seasonally adjusted headline PMI® which improved to 62.9, up from 62.5 in March and its highest ever recorded level (survey data have been available since June 1997). It was also the tenth successive month that the index has posted above the 50.0 no-change mark. Growth was again broad-based per market group, with both the investment and intermediate goods categories registering considerable gains. Moreover, the improvement ... (full story)