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ECONOMICS COMMENTARY Apr 23, 2014

Eurozone Flash PMI: Employment returns to growth as business activity expansion nears three-year peak

Growth of business activity in the euro area economy accelerated to its fastest for just under three years in April, leading to a return to job creation across the region. The Markit Eurozone PMI Composite Output Index rose from 53.1 in March to 54.0 in April, according to the 'flash' estimate, which is based on around 85% of total survey replies. The latest reading was the highest since May 2011.

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