Euro zone business growth near-stagnant, some hopeful signs -PMI

Irish Times | Dec 4, 2019 at 9:32 AM
  • Euro zone business activity stayed near stall speed last month, with manufacturing seemingly continuing to act as a drag on its dominant services industry as well as the economy as a whole, a survey showed.
  • The data pointed to fourth quarter GDP growth of 0.1 per cent.
  • Still, reflecting some level of increased optimism, firms increased headcount at a faster rate.