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Euro-area activity drops to nine-month low on resurgent virus

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Euro-area economic activity slowed as rising coronavirus cases hurt service providers to offset an improvement in manufacturing output. Inflation pressure eased a little, according to Bloomberg. A composite gauge for both sectors fell to 53.4 in December from 55.4 the previous month, according to a survey of purchasing managers by IHS Markit published on Thursday. […] The post Euro-area activity drops to nine-month low on resurgent virus appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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