Mumbai, Oct. 24 -- The seasonally adjusted HCOB Flash Eurozone Composite PMI Output Index, based on approximately 85% of usual survey responses and compiled by S&P Global, rose to 52.2 in October from 51.2 in September, posting above the 50.0 no-change mark for the tenth consecutive month and signalling a solid monthly increase in business activity.
The rate of expansion was the joint-fastest in just under two-and-a-half years, equal with that seen in May 2024. Growth was recorded across both monitored sectors, and led by services where the latest increase in business activity was the strongest since August 2024.
Manufacturing production rose for the eighth month running. The latest expansion was slight, but marginally quicker than that s...