BUSINESS ACTIVITIES IN THE EURO ZONE FALL SHARPLY IN NOVEMBER

BUSINESS ACTIVITIES IN THE EURO ZONE FALL SHARPLY IN NOVEMBER According to recent PMI statistics, economic activity in the euro zone contracted in both the manufacturing and services sectors in November, reaching a 10-month low. The indicator dropped to 48.1, below the growth-signaling 50-point threshold. The economic gloom has been exacerbated by weaker demand, political unpredictability in Germany and France, and worries about Trump's U.S. tariffs. Economists currently anticipate that the European Central Bank will continue to lower interest rates. Reuters is the source.
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