2010.11.2304:07:00UTC+00Euro Zone November Flash Pmi Goes up on French and German Support

News:

• Economic recovery in the struggling euro zone races forward as a resurgence in private sector activity in Germany and France offset stagnation in periphery members - survey
• Markit's Eurozone Flash Services PMI bounced to 55.2 in November from a final reading of 53.3 in October
• The index exceeded expectations it would fall to 53.1 and has now been above the 50.0 mark that divides growth from contraction since August 2009
• The service sector backlogs of work index jumped to 49.9 this month from October's 48.8
• Output price index climbed to 54.9 this month from October's 53.8, its highest reading since September 2008