Euro zone business activity shrinks again as new Covid strains lead to more lockdowns

Brasil Notícia Notícia

Euro zone business activity shrinks again as new Covid strains lead to more lockdowns
Brasil Últimas Notícias,Brasil Manchetes

The euro zone saw another drop in business activity in January, on the back of stricter coronavirus-related lockdowns.

slow vaccination roll-out"In this environment ample monetary stimulus remains essential," Lagarde said. The ECB decided at a meeting on Thursday tofor now, having boosted its support in December.

However, French businesses hired more employees in January — the first increase in job figures in almost a year. In Germany, business activity managed to grow slightly in January, with the flash composite output index coming in at 50.8. However, the reading represented a seven-month low for Europe's economic engine.

 

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Brasil Últimas Notícias, Brasil Manchetes



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