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ECONOMICS COMMENTARY Jan 23, 2014

Eurozone Composite PMI hits highest since June 2011, signalling strengthening economic recovery

The euro area private sector economy grew for a seventh consecutive month in January, according to the flash Markit Eurozone PMI, with the rate of growth accelerating to the fastest since June 2011. The headline PMI (which tracks output across both manufacturing and services) rose from 52.1 in December to 53.2.

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