Tag Archives: pmi

Eurozone Business Activity Stagnates Amidst Weak Demand and Global Uncertainty

Eurozone Business Activity Stagnates Amidst Weak Demand and Global Uncertainty

The Eurozone economy continues to face headwinds, with business activity remaining stagnant in October, according to the latest Purchasing Managers’ Index (PMI) survey. This marks the second consecutive month of contraction, signaling a challenging economic landscape for the region. Persistent Weakness in Demand The PMI reading for October edged up slightly to 49.7 from September’s […]