The eurozone's September PMI composite output index was confirmed at a four-month high of 56.7, up from 55.7 in August and above the 50.0 no-change mark for the 51st consecutive month, final data from IHS Markit showed.
Final service sector PMI was 55.8 in September, higher than the 55.6 flash estimate and up from 54.7 in August, as new work rose at the quickest pace since March. Backlogs of work increased by the most in over six years and the rate of job creation was among the best in the past decade, IHS Martit said. Input costs increased at the fastest pace in five months and prices charged for services rose the most since March.
The IHS Markit eurozone manufacturing purchasing managers' index was revised to a 79-month high of 58.1 in the month.
"The surveys point to GDP rising 0.7% [in the third quarter]" said Chris Williamson, chief business economist at IHS Markit.
"The eurozone therefore looks increasingly able to withstand any political shocks and set for a strong end to the year," he added.
Germany's September composite PMI was revised to 57.7 from the 57.8 flash figure, but was still a 6.5-year high and was up from 55.8 in August, on the back of a surge in manufacturing. The country's service sector PMI was confirmed at a six-month high of 55.6 after 53.5 in August. New business growth rebounded from July's ten-month low in September, as order books saw the sharpest rise in six months. Manufacturing PMI was confirmed at 60.6 in the month, up from August's 59.3 figure.
France's September composite output index was revised to a 76-month high of 57.1 from the 57.2 flash estimate, and was up from 55.2 in August. Composite new businesses expanded at the fastest rate since May 2011. Service sector output noted the sharpest expansion since May as the headline business activity index was 57.0, down from the flash 57.1 estimate, but higher than 54.9 in August. Manufacturing PMI was revised 0.1 point upwards to 56.1, up from August's 55.8 reading.
Italian service sector growth weakened in the month, new business creation slowed. The headline index expanded for the 16th consecutive month to 53.2 in September, but showed the weakest increase since March and was down from 55.1 the month before.
Among the nations covered by the euro area survey, Germany, Ireland and France noted the highest composite output indexes in the month of 57.7, 57.6 and 56.4, respectively.