Euro-Area Economy Ended Year With Fastest Growth Since 2011
- Composite PMI rises 54.4 from 53.9, highest in 67 months
- IHS Markit says soundness of recovery remains uncertain
This article is for subscribers only.
The euro-area economy finished 2016 with the strongest momentum in more than 5 1/2 years, bolstering the region as it heads into a year of political uncertainty.
A composite Purchasing Managers’ Index climbed to 54.4 in December from 53.9 in November, IHS Markit said on Wednesday. That’s the highest in 67 months and above a Dec. 15 estimate.