Survey suggests eurozone economy set for robust year

January 6, 2016 9:00 AM

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LONDON – A closely watched survey suggests that economic growth across the 19-country eurozone hit a 4-1/2 year high in the fourth quarter of 2015.

Financial information company Markit said its purchasing managers' index — a broad gauge of economic activity — rose to a four-month high of 54.3 points in December from 54.2 the previous month. That monthly growth rounded off the best quarterly performance since the middle of 2011.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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