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Added on the 02/11/2016 14:19:56 - Copyright : Reuters EN
Business activity in the euro zone last month was not as robust as first thought, a survey shows, adding to signs the bloc's recovery remains on track but is struggling to gain momentum. Laura Frykberg reports.
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.
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.
China's services sector cools in July, but euro zone service activity is led higher by Germany, if slightly - and still with little sign of any major Brexit impact. Laura Frykberg reports.
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