FXstreet.com (Barcelona) - Eurozone's manufacturing activity has grown at a somewhat faster than expected pace in January, according to the latest PMI Index released by NTC Economics.

Manufacturing PMI has posted a 52.8 reading in January, up from the 52.6 posted in December, and also above the 52.6 level posted in the preliminary estimation, a PMI level above 50 shows expansion of the sector, while a level below 50 shows contraction.