(IHS Markit) Eurozone Composite Output Index was at 55.8 in November, a two-month high and an increase from 54.2 in October.
The Services PMI Activity Index was at a three-month high of 56.6, up from 54.6 in October.
The Manufacturing PMI Output Index reached a two-month high of 53.8, from 53.3 in October. Manufacturing PMI rose to a two-month high of 58.6 from 58.3 in October.
The Eurozone’s growth was held back by inflation, with input and output charges rising at record paces.
Job creation rose to the second-highest on record, although Covid worries and supply constraints dampened hiring optimism.
A build up of warehouse stocks rose at a record rate, with firms scrambling for available inputs.
France and Germany posted accelerations in growth, with the former having a stronger expansion for the second straight month due to robust services activity.
The future outlook fell to the lowest since January, connected to the broader supply chain issues and Covid-19 concerns.
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