Manufacturing growth in euro-zone may peak

Manufacturing growth in the euro-zone may be about to peak after several months of strong expansion, according to a survey by news agency Reuters. Countries within the single currency area are expected to see growth of around 3.5% this year, up from 2.3% in 1999 and almost twice as much as the UK’s predicted growth […]

Manufacturing growth in the euro-zone may be about to peak after several months of strong expansion, according to a survey by news agency Reuters. Countries within the single currency area are expected to see growth of around 3.5% this year, up from 2.3% in 1999 and almost twice as much as the UK’s predicted growth rate of 2%. However, there are doubts about how long the recovery can be sustained, and the survey reveals that growth last month was slightly lower than expected.