Eurozone PMI Signals Weakest Growth For 16 Months

Posted on Nov 20, 2014

Private sector growth in the eurozone slowed unexpectedly to a 16-month low in November, as new orders dropped for the first time since July 2013. Germany also posted the weakest activity growth in 16 months, while France continued to contract in November. The Eurozone composite output index dropped to 51.4 in November, the lowest score since July of last year.

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