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Eurozone business growth roars with Germany leading the pride

Surveys covering services and manufacturing industries outshone even the optimistic forecasters

Published Thu, Nov 23, 2017 · 09:50 PM

London

EUROZONE business growth is roaring ahead as the year draws to a close, surveys showed on Thursday, supporting the European Central Bank's (ECB) move last month to announce a throttling back of its monetary stimulus.

Surveys covering both the services and manufacturing industries outshone even the most optimistic forecasters in Reuters polls - indicating that growth is broad-based - with factories having the second-best month in the index's history.

An earlier sister survey from Germany showed that Europe's largest economy shifted into an even higher gear in November as factories churned out goods …

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