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Business News Euro Zone Business Growth Slumped In June As Price Hikes Bite Reuters

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Business News Euro Zone Business Growth Slumped In June As Price Hikes Bite Reuters | RobinsPost News & Noticias

Euro zone business recovery slows sharply in June, PMI shows


LONDON, June 21 (Reuters) - Euro zone business growth slowed sharply this month as demand fell for the first time since February, a survey found, with the bloc's services industry showing some signs ... Read More

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Euro zone growth and inflation remain on a benign path, a slew of fresh data suggested on Friday, supporting economists' bets that no further European Central Bank rate cuts are coming in the near ... Read More

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The services PMI climbed to 53.6 last month from 53.0 in October, reaching its highest level since May 2023 as new business volumes grew at the strongest pace in 18 months. Read More

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Euro zone inflation unexpectedly ticked up last month, likely solidifying bets that no further European Central Bank rate cuts are coming anytime soon, data from Eurostat showed on Tuesday. Read More


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