November 22, 2024

Eurozone activity contracts again in October, S&P PMI surveys suggest

 Eurozone activity contracts again in October, S&P PMI surveys suggest

Eurozone activity contracts again in October, S&P PMI surveys suggest

The eurozone’s economy looks set to weaken further, with activity contracting for a second-straight month, as policymakers at the European Central Bank consider whether to accelerate interest-rate cuts to spur economic activity.