Global demand propels eurozone factories into full throttle mode
by Larry Elliott from on (#3EV9R)
Orders, goods and jobs growing at record rate since the creation of the single currency
Eurozone factories are boosting production at one of the fastest rates recorded since the launch of the single currency as the result of booming global demand and the pro-growth approach adopted by the European Central Bank.
The latest snapshot of manufacturing in the 19-nation zone shows that orders, output and employment were all growing strongly last month.
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