Euro-Area Manufacturing Growth Revised Higher on German Boost

Euro-area manufacturing expanded faster than initially estimated last month, helped by growth in Spain and Italy and a stronger performance in Germany, the region’s largest economy.

Markit Economics said its Purchasing Managers Index rose to 52.2 from 51 in February. That was the highest in 10 months and exceeded a preliminary reading of 51.9. It’s also well above the 50 level that divides expansion from contraction.