(MENAFN) Euro zone businesses ramped up activity in March as the European Central Bank started printing money to spur economic growth, Oman Observer reported.
The eurozone Composite Flash Purchasing Managers' Index (PMI) from data vendor Markit jumped to an approximate four-year high of 54.1 from February's 53.3.
The surveys pointed to first-quarter eurozone economic growth of 0.3 percent, matching the previous three months' but shy of the 0.4 percent predicted earlier by analysts.
A sub-index measuring eurozone prices jumped to an eight-month high of 49.0. But it has spent three years below the break-even level of 50, suggesting inflation will not return any time soon.
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