Growth in the euro area economy also slowed in October
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2021/09/euro-ok.jpg)
Growth in the euro area slows
According to final data released by the London-based Financial and Economic Reporting Group on Thursday, the Purchasing Managers’ Index (PMI) of the services sector, which dominates the eurozone economy, fell to a six-month low of 54.6 points from 56.4 in September. For the third consecutive month, the sector’s performance slowed and the index fell short of the 54.7 points previously announced and expected by analysts. (MTI)
Related news
Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union…
Read more >BMI: Slight contraction in June
The seasonally adjusted June value of the Purchasing Manager Index…
Read more >BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >