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Grim Euro-Area Private Sector Suggests Quarterly Contraction

(Bloomberg) -- Private-sector activity in the euro area has continued to shrink in September, suggesting the economy contracted in the current quarter.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanWhy India Worries About the Push for a Separate Sikh StateAn in...
United Kingdom Bloomberg Businessweek Norman Liebke Mark Evans Alice Gledhill Joel Rinneby
Source: yahoo.com

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BBCNEWS World Business Report June 4, 2024 13:31:00

Last months purchasing managers�* index — a measure of the health of the economy — was 10.9. the figure was well below the 50.3 economists had forecast. faltering activity in the uk was mirrored in the eurozone, where the index fell to a 33—month low of a7. both figures will be closely monitored by bank of england and ecb policymakers ahead of their next interest rate decisions. joining me now is chris williamson, chief business economist at s&p global market intelligence. s&p global is ...
Purchasing Managers 10 9 Bank Of England Interest Rate Decisions Chris Williamson 450 3

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