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03 Jan
12:40

Eurozone 2016 manufacturing activity rises to 6-year high

The Markit manufacturing PMI for the Eurozone, an indication of manufacturing sector activity, reached its highest average annual level since 2010 last year, according to a release seen by Kallanish. The average level for 2016 was 52.5, well above the 50.0 no-change mark. The recovery of the sector gained momentum during the final months of the year as December marked the highest monthly level since April 2011 at 54.9. The average for the fourth quarter stood at…
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