Eurozone economy grows fastest in 29 months as services activity surges

iefimerida.gr (Greek)

The Eurozone economy expanded in October at its fastest pace since May 2023, driven by a surge in services activity. The HCOB Composite Purchasing Managers' Index (PMI) rose to 52.5 in October, marking 29 months of growth and indicating improved demand conditions. This marks a positive shift from earlier sluggish growth, with new jobs in the services sector showing the strongest expansion in two and a half years.


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Eurozone economy grows fastest in 29 months as services activity surges | News Minimalist