The Eurozone private sector experienced an acceleration in activity during September, with the composite PMI rising to 53.1 points from 52.0 in the previous month. This figure represents the highest reading in 41 months, signaling a positive shift in regional economic momentum.
Spain emerged as the primary driver of this growth, contributing significantly to the overall improvement. Current projections based on these PMI figures suggest that the Eurozone is on track for a 0.4% expansion in Gross Domestic Product.
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