✉news BusinessBusiness first seen 1 d ago, last 1 d ago, peak #18

Euro zone business growth hits 3-1/2-year high despite inflation

Original: Euro zone business growth hits over 3-1/2-year high despite inflation worries, PMI shows

Euro zone business activity expanded at its fastest pace in more than three and a half years, according to the latest purchasing managers' index data. The upbeat reading came even as concerns over persistent inflation linger, suggesting companies and consumers continue to spend and hire despite price pressures across the currency bloc.

Why now: Fresh PMI data showing unexpectedly strong euro zone growth amid ongoing inflation concerns is drawing attention from markets and policymakers.

Euro zoneEuropean Central Bank

Open on news →

Rank over time, top of the chart is #1. 2 snapshots from 1 d ago to 1 d ago.

Evidence

• Euro zone business growth hits over 3-1/2-year high despite inflation worries, PMI shows · Reuters

API: https://socialmediatrends-api.osmike.com/v1/trends/1106969