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Eurozone PMIs point to Q4 GDP growth of 0.6-0.7 %

Published Mon, Nov 6, 2017 · 09:50 PM
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THE eurozone's economy is on track for a strong finish to 2017 and firms are passing on more of their costs to consumers as pricing power increased, a survey showed on Monday.

IHS Markit's final composite Purchasing Managers' Index for the eurozone fell to 56.0 in October from September's 56.7, pipping an earlier flash estimate of 55.9 and comfortably above the 50 mark that separates growth from contraction.

"The final euro area PMI was revised up marginally from the flash to leave euro area growth …

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