Italy's manufacturing and
services sector surged in January by more than expected, part of
a eurozone-wide trend towards better economic times, according
to Purchasing Managers Index data released Wednesday by the
Markit research organization.
It showed that Italy's PMI rose to 51.2 points last month,
from 49.4 points in December, a strong sign of economic growth.
A number below 50 points. suggests a weakening in the
economy.
Expectations had been a figure of about 50.1 points for
Italy.
Eurozone growth came in at 52.6 points, the strongest since
July and raising hopes that a recovery is in sight.
ALL RIGHTS RESERVED © Copyright ANSA
