Eurozone business activity grew faster in March: key survey

According to a widely followed survey released on Monday, business activity in the eurozone grew for the third straight month in March, with the rate of expansion accelerating but staying “slight nonetheless.”

S&P Global’s HCOB Flash Eurozone purchasing managers’ index (PMI) increased from 50.2 in February to 50.4 this month. Growth is indicated by any value over 50, and contraction is indicated by any figure below 50.

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