Eurozone Private Sector Growth Accelerates In February

Eurozone private sector activity growth accelerated notably in February as COVID-19 containment measures were relaxed, flash survey results from IHS Markit showed on Monday. The composite output index climbed to 55.8 in February from 52.3 in January. The reading was forecast to improve moderately to 52.7. Any reading above 50.0 indicates expansion.

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