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Wednesday, November 04, 2009
Euro-zone Oct. Composite PMI Rises To 53.0
By William L. Watts
MarketWatch Pulse
LONDON -- Activity in the euro-zone private sector grew at the fastest pace since December 2007, the final Markit euro-zone composite purchasing managers index showed Wednesday. The composite PMI rose to 53.0 in October from 51.1 in September, matching a preliminary estimate. A reading of more than 50 signals a rise in activity, while a figure of less than 50 signals a contraction.
Copyright © 2009 MarketWatch, Inc.
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