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Euro zone business activity returned to growth in March, PMI shows

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South Shore school lunch program setting the standard | SaltWire #school #lunch #educationLONDON - Euro zone business activity expanded last month for the first time since May 2023 but the recovery was uneven with a stronger than expected upturn in the bloc's dominant services industry offsetting a deeper downturn in manufacturing, a survey showed.

"Finally some good news again. The service sector in the euro zone is gradually finding its footing, with activity stabilizing in February and showing signs of moderate growth in March," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.

 

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