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Eurozone new order growth hits two-and-a-half year high in October
The strongest increase in new orders for two-and-a-half years supported a faster expansion in Eurozone business activity in October, according to provisional PMI® survey data. Meanwhile, employment returned to growth as levels of backlogged work stabilised. The rate of input cost inflation eased and was weaker than the series average, but prices charged were raised at the sharpest pace in seven months. Companies remained optimistic that output will rise over the coming year, but sentiment waned at the start of the final quarter of the year. Output and demand The seasonally adjusted HCOB Flash Eurozone Composite PMI ... (full story)