India, March 24 -- Eurozone private sector expanded for the third straight month in March as manufacturing production increased for the first time in two years, joining services in growth territory, data from S&P Global showed on Monday.
The HCOB flash composite output index ticked up to 50.4 in March from 50.2 in February. The score has remained above the threshold 50.0 indicating expansion for the third successive month.
Although only marginal, the latest growth was the fastest since August.
The overall increase reflected growth across both manufacturing and services. Service providers reported growth for the fourth straight month but the expansion was the weakest in this sequence. At the same time, manufacturing production returned to...