(MENAFN) Reinforced by manufacturers, Euro Zone private businesses boosted a growth that exceeded expectations in the third quarter of the current year, and it should maintain such tempo in October, according to a survey.
As the European Central Bank announces plans next month, energy and rising inflationary pressures is probably to increase expectations, as the ECB reduces its monthly spending.
European economist at Capital Economics Stephen Brown said, "The euro zone PMI suggests that the economy remains very strong and will embolden policymakers at the ECB. Indeed, the price indices of the Composite PMI also picked up in September".
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