Eurozone business growth slows as virus rise crimps demand

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 83%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

BRUSSELS - Eurozone economic activity slowed in August as a new rise in cases of the coronavirus in parts of Europe blunted a recovery, IHS Markit said Friday.

The firm's closely-watched PMI index fell to 51.6 points from 54.9 points in July but was still above the key 50 points level which indicates growth.

"The recovery was undermined by signs of rising virus cases in various parts of the euro area, with renewed restrictions impacting the service sector in particular," he added. France, however, failed to replicate the strong rebound of the previous month with only a modest rise in new orders for companies.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker