Economics
Europe Services, Manufacturing Quicken More Than Estimated
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Growth in Europe’s services and manufacturing industries accelerated more than initially estimated in March, led by Germany and France.
A composite index based on a survey of euro-area purchasing managers in the 17-nation euro region in both industries fell to 57.6 from 58.2 in February, London-based Markit Economics said today. That’s above an initial estimate of 57.5 released on March 24. A reading above 50 indicates growth.