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Manufacturing growth boosts Eurozone economy
Purchasing Managers' Index data shows that the Eurozone's economy continues to grow in August, with manufacturing sector growth accelerating to its highest level in 54 months. The manufacturing production index rose to 53.4 points, and both new orders and total employment increased for the first time in 2026. Input cost inflation and prices declined, while business confidence fell to its lowest level in three months. The data also projects GDP growth of around 0.3% in the third quarter.
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