11 Hrs
وكالة صدى نيوز
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وكالة صدى نيوز

2026-11-04T12:00:00.000Z

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Eurozone Growth Hits Low

Eurozone Growth Hits Low

Eurozone economic growth slowed sharply in October, as the composite Purchasing Managers’ Index (PMI) fell to 51.7 from 53.1 in September, its lowest level in four months, though it remained above the 50-point mark that signals growth. S&P Global’s chief economist estimated growth at around 0.3% at the start of the final quarter, while new orders came close to stagnating, input costs rose to a five-month high, and business confidence fell for the third consecutive month. The services PMI also declined, to 51.4 from 53, and France returned to contraction, while the economies of Germany, Italy, Spain and Ireland continued to grow at a slower pace.

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