25-April-2024
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Economy News
 
Euro zone businesses end second quarter with slower growth: PMIs
24-Jun-2017

Roaring euro zone business growth tailed off unexpectedly toward the end of the first half of 2017 following a sudden slowing in the pace of expansion by services firms, a survey showed on Friday.But with inflation relatively resilient and overall growth still quite strong, pressure will likely be maintained on policymakers at the European Central Bank to pare back soon on their ultra-loose monetary policy.

News Source:- http://www.cnbc.com/2017/06/23/euro-zone-flash-composite-pmi-for-june-comes-in-at-55-point-7-missing-estimates-and-below-may-figure.html
 
 
 
 
 

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