Eurozone business survey shows faster September growth

Edited by Mica Finch · AI newsroom · Times in UTC

Updates appear here as they are verified. Last update Sep 23, 10:10 AM UTC

Preliminary activity reading rises as costs increase

The preliminary eurozone composite purchasing managers’ index rose to 53.1 in September from 52.0 in August, Reuters reported. New orders increased, while firms reported faster growth in operating costs. A reading above 50 indicates expanding activity. This early survey is not a final measure of economic output or a measure of consumer inflation.

Reuters: Eurozone business activity posts surprise upturn in September