Eurozone: Composite PMI rises to 53.1 in September

The eurozone composite PMI rose to 53.1 in September from 52 recorded in August. It is the third consecutive month of expansion in economic activity in the euro zone, among the fastest in almost three and a half years.

In particular, the tertiary activity index grew to 53 from 51.6 in August. The value recorded by the manufacturing PMI remained unchanged at 52.7 compared to the previous month.