Showing posts with label Chris Williamson. Show all posts
Showing posts with label Chris Williamson. Show all posts

Wednesday, 3 September 2014

Eurozone grows at weakest pace this year, survey shows

The eurozone's economic recovery slowed in August as output fell in France and Italy, a survey has suggested.
The Markit/CIPS Eurozone purchasing managers' index (PMI) was 52.5 in the month, down from 53.8 in July.
The score marks the economic bloc's weakest rate of growth in the year so far, Markit said, with output growth slowing in both the manufacturing and service sectors.
"The eurozone economy is defying expectations of gaining momentum, which will no doubt add to calls for the ECB to embark on full-scale quantitative easing," said Markit chief economist Chris Williamson.
The ECB is due to