The euro zone has entered a year of solid economic growth that may see companies expanding capacity to meet increasing demand, Markit Economics said.
A purchasing managers’ index (PMI) for manufacturing and services unexpectedly rose to 54.3 in December from 54.2 in November, compared with a December 16 estimate for a drop to 54, the London-based company said. The data suggest growth in the final quarter of 2015 was the fastest in four-and-a-half years, according to the report.
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