Edition: United States  
One News Page
“Probably the fastest-access news portal in the world”
> >

Eurozone business growth dips close to a two-year low in September

Duration: 00:50s - Published: < > Embed
News video: Eurozone business growth dips close to a two-year low in SeptemberBusiness activity in the eurozone expanded this month at its weakest rate since the start of last year. The latest surveys of the region’s businesses found a big split between manufacturers, which are buoyant with increasing new orders, and the service sector which is struggling. The business surveys produced a mixed picture for the eurozone’s two biggest economies with France improving and Germany slowing. #Eurozone economic growth at 20-month low in September as #PMI falls to 52.6 (Aug: 52.9) https://t.co/W0fnUPNZ6g pic.twitter.com/yrBmYjB8Wr— Markit Economics (@MarkitEconomics) September 23, 2016 French business activity hit a 15-month high, while Germany’s private sector growth was at a 16-month low, suggesting the powerhouse of the currency bloc may have lost momentum. The results add to the feeling among economists that the European Central Bank’s extraordinary stimulus measures in recent years are unable to achieve much more. The bank itself has been preaching for some time that additional government economic reforms are needed on top of low interest rates and money printing. One thing that might cheer the ECB is that the business surveys showed firms stopped cutting prices for the first time in a year, which could help get inflation up near the its two percent target ceiling.

0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

Recent related news

Eurozone growth at 20-month low as Germany slows

LONDON (AP) — A closely watched survey is showing that economic growth across the 19-country...
Seattle Times - Front Page

Akshay Kumar Inaugurates Football Tournament

By Koimoi.com Team Actor Akshay Kumar on Saturday inaugurated the third season of Hindustan Times...
Filmy Friday - Entertainment

GlaxoSmithKline's choice of new boss disappoints City

Shares in GlaxoSmithKline plc (LON:GSK) dropped after it appointed a new chief executive to replace...
Proactive Investors - Business

PICTURE GALLERY: Bath Chronicle Business Awards 2016

PICTURE GALLERY: Bath Chronicle Business Awards 2016Hundreds of business leaders attended the annual Bath Chronicle Business Awards at the Bath...
Bath Chronicle - UK

Martin Vickers: They advised David Cameron against a referendum...

Martin Vickers: They advised David Cameron against a referendum...PARLIAMENT returned from the summer recess at the beginning of September and as the days go by we see...
Scunthorpe Telegraph - UK

Lenovo Z2 Plus to go on sale at 11:59PM tonight; here’s everything you need to know

Lenovo had launched a new flagship smartphone in India on September 22 in India. Called the Z2 Plus,...
BGR India - Technology

Two jailed for robbing and stabbing 79-year-old-man in Thornton...

Two jailed for robbing and stabbing 79-year-old-man in Thornton...Two men have been jailed for a "despicable crime" after robbing and stabbing an elderly man as he...
Croydon Advertiser - UK

Business News Roundup, Sept. 23

Americans retreated from home-buying in August, as a worsening inventory shortage appears to be...
SFGate - Business

Leonardo DiCaprio & Nina Agdal Grab Low-Key Meal at Cipriani

Leonardo DiCaprio & Nina Agdal Grab Low-Key Meal at CiprianiLeonardo DiCaprio keeps his hat super low while heading to a waiting car after dining out at Cipriani...
Just Jared - Entertainment

​Check your new £5 note - it could be worth hundreds!!

​Check your new £5 note - it could be worth hundreds!!It's plastic, features Winston Churchill's face... and could be hundreds of pounds!!Online collectors...
North Devon Journal - UK


You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2016 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+