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Eurozone April business activity nears 3-year high

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(Globalpost/GlobalPost)

Eurozone business activity hit a near three-year high point in April as a modest economic recovery gained momentum and began creating jobs, a closely watched survey showed on Wednesday.

Markit Economics said its Eurozone Composite Purchasing Managers Index (PMI) for April, a leading indicator of overall economic activity, jumped to 54 points from 53.1 in March, the highest reading since May 2011.

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http://www.globalpost.com/dispatch/news/afp/140423/eurozone-april-business-activity-nears-3-year-high-1