Eurozone firms start 2017 with best quarter in 6 years: poll
IHS Markit data points to Q1 economic growth of 0.6%, higher than a Reuters survey prediction of 0.5%
London
EUROZONE businesses enjoyed their best quarter in six years at the start of 2017 as soaring demand allowed them to raise prices at the fastest rate since mid-2011, a survey suggested on Wednesday.
Although growth was not as fast as earlier predicted, the upturn was broad-based, and survey compiler IHS Markit said that the data pointed to first-quarter economic growth of 0.6 per cent. A Reuters poll last month predicted 0.5 per cent.
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