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Added on the 23/08/2016 13:59:56 - Copyright : Reuters EN
Business activity in the euro zone has expanded at the fastest pace this year so far in October, as a buoyant Germany offset the impact from firms raising prices at the sharpest rate in more than five years. As Laura Frykberg reports, the upturn in both activity and prices will make welcome reading for policymakers at the European Central Bank.
There are more worries about the euro zone's economic recovery. As David Pollard reports, surveys show near-stagnation in German services put the brakes on overall private sector growth in September and euro zone business activity expanded at its weakest rate in almost two years.
Manufacturing activity in the euro zone picked up last month as demand increased from both within and outside the currency bloc, driving factories to increase headcount, a survey shows. As Sonia Legg reports, German manufacturing growth accelerated to a three month high.
Euro zone business activity expanded at its weakest rate since the start of 2015 this month as growth paths diverged. But on the plus side, there was an unexpected surge from France. David Pollard reports.
German private sector growth eases slightly in June and French business activity slows as strikes add to demand woes, according to the latest purchasing manager data. David Pollard reports.