Trademagazin > News and articles > Market News > In October, economic performance in the euro area declined
In October, economic performance in the euro area declined
The euro area economic performance declined in October, following minimal growth in September.
According to preliminary data from a survey conducted by the IHS Markit Institute for Economic Research in London published on Friday, the composite Purchasing Managers ’Index (PMI) compiled by aggregating manufacturing and services data in October was the lowest in four months at 49.4 points after the finalized 50.4 points in September. (MTI)
Related news
German consumers Rarely Shop via Social Media
German consumers remain skeptical about shopping through social media, according…
Read more >UK Retailers Prioritise AI Over Planned Technology Investments, Study Finds
Over two thirds (67%) of retailers in the UK are…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >
More related news >
Related news
GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. –…
Read more >Are we on the verge of an egg crisis?
Both the American and European markets are experiencing price increases…
Read more >Withdrawing cash abroad can be expensive
The fee for a 90,000-forint foreign cash withdrawal can reach…
Read more >