Indicators
Euro-Zone Business Activity Up on German Industrial Revival
An employee operates a machine on the production line at a manufacturing plant in Frankfurt.
Photographer: Ben Kilb/BloombergPrivate-sector activity in the euro area surpassed expectations as manufacturers recorded their best performance since 2022 thanks to surprise growth in Germany.
The Composite Purchasing Managers’ Index compiled by S&P Global rose to 51.9 in February from 51.3 the previous month, holding above the 50 threshold separating growth from contraction. Analysts had predicted a smaller improvement, to 51.5.