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Economy News
 
Euro zone business kept up fast pace in May: PMI
24-May-2017

Businesses across the euro zone maintained April's blistering growth rate this month as firms struggled to meet growing demand, suggesting the bloc's economic momentum is being sustained, a survey showed.IHS Markit's Flash Composite Purchasing Managers' Index for May, seen as a good guide to growth, matched the previous month's 56.8, its highest since April 2011. A reading above 50 indicates growth.

News Source:- http://www.cnbc.com/2017/05/23/euro-zone-business-kept-up-fast-pace-in-may-pmi.html