Published

Economic Alarm Bells Ring as Eurozone Business Activity Shrinks

Summary by The Rio Times
The Eurozone’s economic landscape shifted dramatically in November 2024. Business activity contracted unexpectedly, raising concerns about the region’s economic health. The HCOB Flash Eurozone Composite Purchasing Managers’ Index (PMI) fell to 48.1 from October’s 50.0. This decline marks the lowest level in ten months. Both the manufacturing and services sectors experienced setbacks. The manufacturing PMI […]
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