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Added on the 23/06/2016 13:10:06 - Copyright : Reuters EN
There are more worries about the euro zone's economic recovery. As David Pollard reports, surveys show near-stagnation in German services put the brakes on overall private sector growth in September and euro zone business activity expanded at its weakest rate in almost two years.
Business activity in the euro zone has expanded at the fastest pace this year so far in October, as a buoyant Germany offset the impact from firms raising prices at the sharpest rate in more than five years. As Laura Frykberg reports, the upturn in both activity and prices will make welcome reading for policymakers at the European Central Bank.
Euro zone business activity expanded at its weakest rate since the start of 2015 this month as growth paths diverged. But on the plus side, there was an unexpected surge from France. David Pollard reports.
Euro zone business growth was at its weakest since the start of last year in August, suggesting the bloc's already struggling economy is losing what little momentum it had. As Sonia Legg reports, even Germany services growth slowed more than expected in August suggesting Europe's biggest economy may be losing steam.
German annual inflation slows unexpectedly, adding to the pressure for more policy easing from the ECB. And, as Laura Frykberg reports, economic sentiment in the euro zone has slipped to its gloomiest level since March.