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Manufacturing boost fuels Eurozone growth
Data from the Purchasing Managers' Index indicated that economic activity in the Eurozone continued to grow in August, driven by a faster expansion in the manufacturing sector, which reached its highest level in 54 months. This growth was reflected in increased production, new orders, and employment, alongside a decline in cost and price inflation. Experts expect this to support gross domestic product (GDP) growth of around 0.3% in the third quarter.
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