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Euro zone factory growth surges to record

Synchronised global growth looks set to continue based on the first major economic data releases of 2018

"The euro zone manufacturing boom gained further momentum in December, rounding off the best year on record and setting the scene for a strong start to 2018," said Chris Williamson, chief business economist at IHS Markit.


EURO zone factories ended 2017 growing at their fastest pace in more than two decades while performance in Asia was more uneven, with its third-largest economy India leading the field and manufacturing giant China unexpectedly resilient.

The synchronised global growth that...