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Eurozone PMI Signals Shallow Technical Recession

Por: RTTNews Business November 23, 2023

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The ongoing downturn in the euro area private sector suggested that the region might have entered a shallow recession in the final quarter of 2023, according to the latest purchasing managers' survey results released by S&P Global on Thursday. The HCOB flash composite output index rose to 47.1 in November from 46.5 in October. The reading was also above economists' forecast of 46.9. Nonetheless, the score was below the natural 50.0... + full article



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