Eurozone manufacturing continued to expand at a healthy pace in October according to the region's purchasing managers.
Data published by IHS Markit on Tuesday showed that the upturn was led by strength at the core of the eurozone, with Germany, Austria, the Netherlands and France all turning in robust performances.
Purchasing managers index (PMI)
The eurozone manufacturing PMI hit an 80-month high in October, rising to 58.5 from 58.1 in September. The benchmark PMI level of 50 is where economic activity begins to expand.
Growth in output and new orders remained elevated in October, the report said, while the pace of job creation accelerated to a record high.
Germany was the top performer with its manufacturing index reaching the lofty level of 60.6. The Netherlands hit an 80-month high of 60.4, while Austria's PMI hit 59.4.
Italy's was also at an 80-month high of 57.8, while French PMI stood at 56.1 and Spain reached a 29-month high of 55.8.
Input prices rose at their fastest pace in six months, with stronger inflation noted in nearly all nations covered by the PMI survey.