Eurozone composite PMI in October rose to a 29-month high, with Germany's strong recovery driving growth, while France remains mired in contraction.
Eurozone Economy Achieves Strongest Expansion Since May 2023 in October The eurozone economy witnessed its strongest expansion since May 2023 in October, breaking the sluggish growth trend of the previous nine months of the year. Germany provided substantive impetus for eurozone’s economic growth, offsetting the weak performance of France.