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Eurozone growth at near six-year high as Germany and France accelerate
Eurozone output and new order growth accelerated to near six-year records in March, rounding off the best quarter for the currency union’s economy since the second quarter of 2011. The final Markit Eurozone PMI® Composite Output Index rose to a 71-month high of 56.4 in March, up from 56.0 in February but below the flash estimate of 56.7. The index has signalled expansion in each of the past 45 months. Output growth was registered across the manufacturing and service sectors. Rates of expansion improved to near six-year highs in both cases, with the former outpacing the latter for the tenth successive month. ... (full story)