Lemanik

05-04-2017

Euro zone businesses started 2017 on a six-year high: PMI

Euro zone businesses enjoyed their best quarter in six years at the start of 2017 as soaring demand allowed them to raise prices at the fastest rate since mid-2011, a survey suggested on Wednesday. Although growth was not as fast as earlier predicted, the upturn was broad-based, and survey compiler IHS Markit said the data pointed to first-quarter economic growth of 0.6 percent. REUTERS