fin24: Surging new orders and a fast-improving labour market helped quicken the expansion of the eurozone’s manufacturing sector for the fourth month running in December, a business survey showed on Monday.The Markit Eurozone Manufacturing Purchasing Managers’ Index (PMI), which records manufacturing activity across all the major euro area economies, rose to 57.1 in December, revised higher from a preliminary reading of 56.8 and up from 55.3 in November.
Representing the 15th month above the 50 mark that divides growth from contraction, the December figure neared April’s 46-month high and once again reflected German and French strength leading the 16-nation bloc’s industrial recovery. Read more at fin24.…..