Eurozone economic growth accelerated in April as a rebounding service sector, benefitting from loosened COVID-19 restrictions, helped compensate for a near-stalling of manufacturing output.
The Flash Purchasing Managers Index (PMI) Composite Output Index for Germany fell from 55.5 points recorded in September to 52.0 in October, missing out on market expectations and reaching its eight-m.
Flash PMIs from Markit from Australia in September. The final readings will follow from next week.
- Composite 46.0 from prior 43.3.
Australia's two largest population cities and states continued to be impacted by COVID-19 lockdowns during the month, the harshest economic impact on the services sector. By Eamonn Sheridan
Private sector growth hit by delta variant, as markets rebound – business live theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.
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