Euro Zone Business Growth Accelerated in February as Omicron Faded: PMI

Euro Zone Business Growth Accelerated in February as Omicron Faded: PMI
The Euro sculpture stands in the financial district in Frankfurt, Germany, on June 09, 2021. Thomas Lohnes/Getty Images
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LONDON—Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the bloc’s dominant services industry, according to a survey mostly conducted before Russia invaded Ukraine.

As the Omicron coronavirus variant swept across Europe earlier this year, many governments reimposed restrictions. But most of those curbs have been eased.