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ECONOMICS COMMENTARY Dec 16, 2013

Renewed upturn in eurozone PMI ends best quarter for two-and-a-half years

The Markit Eurozone PMI Composite Output Index rose to 52.1 in December, according to the flash estimate, up from 51.7 in November. The upturn brings the rate of growth close to the 27-month peak seen in September and marks a reversal of the easing in the rate of growth seen over the prior two months.

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