September saw the slowest growth in euro area economic activity of the 5 past month

Euro area PMI pending

In September, the preliminary value of the euro area manufacturing purchasing managers’ index (PMI) fell to 58.7 points, to a 7-month low from 61.4 points in August.

The service sector PMI reached a 4-month low of 56.3 points in September on a preliminary basis after 59.0 points in August.

The composite PMI formed by combining manufacturing and service industry data was 56.1 points in September, a 5-month low after 59.0 points in August. (MTI)