The pace of economic activity fell to a 16-month low in the eurozone.

Markit’s eurozone composite output index fell to 51.1 in November from 52.1 in October.

“The survey data suggest the region is on course to see a mere 0.1% GDP growth in the final quarter of the year, with a strong likelihood of the near-stagnation turning to renewed contraction in the New Year unless demand shows signs of reviving,” Markit’s Chris Williamson said.


Source: Business Insider / Dec. 3, 2014


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