In September, economic growth in the euro area slowed to a minimum

By: Trademagazin editor Date: 2020. 09. 24. 11:03

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Economic growth in the euro area came to a virtual halt in September, slowing to a minimum.

According to preliminary data from a survey by the IHS Markit Institute for Economic Research in London on Wednesday, the composite Purchasing Managers ’Index (PMI), which aggregates manufacturing and services data, fell to a three-month low of 50.1 points after final August 51.9 points. (MTI)