International Economic

Eurozone business activity contracts as manufacturing downturn continues

By Benjamin Chiou

Date: Monday 23 Sep 2024

(Sharecast News) - Business activity across the eurozone unexpectedly contracted this month, according to preliminary estimates released on Monday by S&P Global and Hamburg Commercial Bank, marking the first decline in seven months due to a sustained reduction in new orders.
The eurozone composite purchasing managers' index (PMI), which tracks both...

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