Economic activity in the euro area improved unexpectedly in November
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Economic activity has strengthened in the euro area
The manufacturing purchasing managers’ index (PMI) rose modestly to 58.6 points in November from 58.3 points in October. The market expected a significant deterioration of 57.3 points in November.
Although the manufacturing indicator rose in November, it is still the second weakest value in the last 17 months. (MTI)
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