Eurozone Activity Climbs to 29-Month High in September Business activity in the Eurozone reached a 29-month high in September, marking the strongest reported level in mo...
Business activity in the Eurozone reached a 29-month high in September, marking the strongest reported level in more than two years.
The latest report said Eurozone business activity improved to its highest point in 29 months during September. The development places regional activity at a level not seen for nearly two and a half years.
The report also noted that price pressure intensified during the period. That combination makes the September update notable for businesses and market observers monitoring activity and pricing conditions across the Eurozone.
The figures provide an update on the direction of Eurozone business activity, while the increase in price pressure adds another element to the regional economic picture. The available report does not provide further details on the causes of the improvement or the outlook beyond September.
For now, the key developments are the 29-month high in business activity and the accompanying intensification of price pressure.
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