Eurozone manufacturing growth accelerated in September to its fastest pace in more than four years, supported by stronger demand, rising new orders and increased output despite the ongoing Middle East conflict, a survey showed.
The S&P Global Eurozone Manufacturing Purchasing Managers' Index (PMI) rose for a third consecutive month to 52.9 in September from 52.7 in August. The reading was above the preliminary estimate of 52.7 and marked the highest level since May 2022. A reading above 50 indicates expansion.
