Mumbai, May 2 -- The eurozone's manufacturing sector posted a second successive monthly increase in output during April. The rate of growth also quickened to its strongest in just over three years, providing further evidence of recovery in the currency union's industrial economy.
New orders continued to fall, but there was a near-stabilization of demand as the rate of contraction slowed further. Export markets were the principal drag on sales performances, underlying survey data implied. Softer rates of contraction were also seen for employment, stocks and purchasing activity, but confidence was the weakest in 2025 so far.
The HCOB Eurozone Manufacturing PMI, a measure of the overall health of eurozone factories compiled by S&P Global, in...