Euro Zone November Growth Surprisingly Strong but Outlook Darkens: PMI

Shoppers wear mask and fill Cologne's main shopping street Hohe Strasse (High Street) in Cologne, Germany on Dec. 12, 2020. Wolfgang Rattay/Reuters

LONDON—Euro zone business growth unexpectedly accelerated this month but another wave of coronavirus infections and new restrictions, alongside price pressures, are likely to put a dent in December’s expansion, a survey showed on Tuesday.

IHS Markit’s Flash Composite Purchasing Managers’ Index, a good indicator of overall economic health, jumped to 55.8 in November from 54.2 in October.