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Eurozone business activity hits seven-month high: Markit survey

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Eurozone businesses shrugged off Greek debt concerns in January, a key report suggests

Brussels (AFP) - Eurozone business activity hit a seven-month high in February, extending gains despite concerns over the Greek debt crisis as the economy recovers from a soft patch, a key survey showed Friday.

Markit Economics said its Composite Purchasing Managers Output Index (PMI) for the 19-nation single currency bloc jumped to 53.5 points from 52.6 in January, putting it well above the 50-points boom or bust line.

 

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