Unexpected acceleration in economic activity suggests ECB’s bond-buying scheme and weaker euro could be having a stimulating effect

Eurozone business growth unexpectedly accelerated this month as steeper price cutting drove an increase in new orders and led to firms building a bigger backlog of work, according to a new survey.

The relatively upbeat survey, one of the earliest monthly economic indicators, suggests the European Central Bank’s (ECB) massive bond-buying programme and a weaker euro may finally be having an impact on growth.

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Source: The Guardian Circular Economy RSS