Euro zone: Growth accelerated in the private sector in February, at its highest in 8 months

(Boursier.com) — The recovery of business activity in the euro zone accelerated significantly in February to reach its highest growth rate for 8 months, according to the final results of the survey. from S&P Global with purchasing managers, enough to confirm that the zone will indeed avoid a period of recession as feared by many analysts.

The composite PMI index reached 52 last month after 50.3 in January. A first estimate had brought it out at 52.3.
The PMI for the services sector alone stood at 52.7, the highest in 8 months, after 50.8 the month before…