
Other financials was the best-performing of the monitored EU sectors in August, according to latest PMI® data from Markit. Software & services placed second in the Output Index league table, while solid growth was also evident in real estate, technology equipment and banks. As a result, data broken down by broad sector suggested that overall growth of activity in the EU was largely driven by financials and technology. Meanwhile, output fell in chemicals for the first time so far this year, with construction materials the only other category to report a contraction.
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