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Added on the 03/08/2016 17:00:17 - 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.
Euro zone manufacturing activity accelerated at its fastest rate in nearly three years last month and inflationary pressures showed further signs of recovery, according to the latest readings on the economy. David Pollard reports.
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.
German annual inflation slows unexpectedly, adding to the pressure for more policy easing from the ECB. And, as Laura Frykberg reports, economic sentiment in the euro zone has slipped to its gloomiest level since March.