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- The eurozone economy enjoyed its best quarter for just over six years says Markit
The eurozone economy enjoyed its best quarter for just over six years says Markit
The eurozone economy enjoyed its best quarter for just over six years during the second quarter of 2017. Although output growth slowed slightly in June, continued robust inflows of new work and elevated business confidence kept the pace of job creation among the best seen over the past decade.
The final IHS Markit Eurozone PMI Composite Output Index fell to a four-month low of 56.3 in June, but was above the earlier flash estimate of 55.7 and only slightly below April and May's sixyear record highs of 56.8. The average reading over the second quarter as a whole (56.6) was also the best outcome since Q1 2011.
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