Economics
Europe Services, Manufacturing Accelerate Less Than Estimated
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Growth in Europe’s services and manufacturing industries accelerated less than initially estimated in February.
A composite index based on a survey of euro-area purchasing managers in the 17-nation euro region in both industries rose to 58.2 from 57 in January, London-based Markit Economics said today. That’s below an initial estimate of 58.4 released on Feb. 21. A reading above 50 indicates expansion.