Euro zone business activity shrinks once more as Covid second wave surges

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Economic activity in the euro zone shrunk in October, flash data showed on Friday.

Kiran Ridley | Getty Images News | Getty Images

The flash euro zone PMI composite output index, which looks at activity in both manufacturing and services sectors, dropped to a four-month low in October to 49.4, versus 50.4 in September. A reading below 50 represents a contraction in activity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dr. Li-Meng Yan shows the evidence in her two reports that the coronavirus is manufactured and spread intentionally by the Chinese Communist Party. Must read! 1st report: 2nd report:

Look at that huge spike in deaths. Not.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines