Booming Euro-Area Factories Expand at Fastest Pace Since 2000
- Manufacturing PMI rises to 60.1, beating initial reading of 60
- Eurozone manufacturers’ share of global trade is increasing
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Euro-area factories haven’t done this well since the height of the dot-com boom 17 years ago.
A Purchasing Managers’ Index for manufacturing rose to 60.1 in November from 58.5 the previous month, IHS Markit said on Friday. That beats a preliminary reading of 60 and is the second-highest reading since the survey began in June 1997.