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Eurozone activity collapsed in October, according to PMIs
Eurozone activity collapsed in October, according to PMIs
Economic activity unexpectedly contracted at a faster pace in the euro zone in October, as output fell sharply and demand weakened, data from a survey of business managers showed on Tuesday. ‘purchases.
The euro zone HCOB Flash composite production index, a gauge of activity in the manufacturing and services sectors, fell to 46.5 from 47.2 in September, hitting its lowest level in just under three years.
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