Eurozone facing contraction – S&P

Sep 24th 2023 9:26am EDT

Manufacturing and services have declined further, data shows Private-sector activity in the Eurozone is continuing to shrink, suggesting the area’s economy will likely contract in the third quarter as the downturn in manufacturing has deepened, data compiled by S&P Global revealed on Friday. HCOB’s flash Composite Purchasing Managers’ Index (PMI) for the bloc, a measure […]

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