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Economic Buzz: Eurozone Composite PMI Reaccelerates In November

Economic Buzz: Eurozone Composite PMI Reaccelerates In November

December 03, 2021 3:22 IST | capital market

The IHS Markit Eurozone PMI Composite Output Index rose to 55.4 in November, from 54.2 in October, indicating a solid and accelerated rate of economic expansion across the euro area. Having slowed sharply since peaking in July, economic growth across the euro area reaccelerated November, according to the latest PMI survey. The IHS Markit Eurozone PMI Services Business Activity Index increased to 55.9 in November, from 54.6 in October, signalling a solid rate of expansion in output at euro area service providers. Although this was markedly weaker than the growth rates seen in the second and third quarter, November still achieved a rate of growth which was above the surveys historical average.

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The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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