A disappointing start to the year for eurozone businesses with the dominant service sector suffering just as much as manufacturing.
The results of the latest surveys of companies show tepid growth.
And that was despite firms cutting prices for the fourth month running.
Growth in Germany, Europe’s largest economy, slowed but remained relatively solid.
France, the eurozone’s second biggest economy, which has been
struggling to produce much growth of late, saw services businesses perk
up a tiny amount, as hotels and restaurants reported continued weakness
in the wake of the November terror attacks in Paris.
Click here for summary.
Source: Euronews
No comments:
Post a Comment