Weak growth in Germany, France renews risk of eurozone downturn
The euro-area economy risks a renewed slowdown. A Purchasing Managers index for factories and services activity unexpectedly fell to 51.4 in November, the lowest in 16 months, from 52.1 in October, London-based Markit Economics said yesterday. |||
The euro-area economy risks a renewed slowdown.A Purchasing Managers index for factories and services activity unexpectedly fell to 51.4 in November, the lowest in 16 months, from 52.1 in October, London-based Markit Economics said yesterday.Economists surveyed by Bloomberg News predicted an increase to 52.3. A reading above 50 indicates expansion.A composite measure for Germany also declined, while in China, …read more
Source: Independent Online
