Survey reveals Euro zone business activity remains stagnant, stuck in a rut

Survey reveals Euro zone business activity remains stagnant, stuck in a rut

Euro zone business activity remained stagnant this month, staying in contractionary territory as demand from both domestic and international markets decreased despite firms barely raising their prices, according to a survey released on Thursday. HCOB’s preliminary composite euro zone Purchasing Managers’ Index, compiled by S&P Global, inched up to 49.7 in October from September’s 49.6 … Read more