Eurozone industrial activity to a 27-month low in September

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Furthermore, the PMI index remains below 50 points for the third consecutive month, indicating a slowdown in the manufacturing sector.

“S&P Global” explains that the decline in the industrial sector and the rise in inflation will further increase concerns about the outlook for the Eurozone economy.

The latest figures show that the volume of industrial production in the Eurozone decreased in September, taking into account falling demand and rising energy prices.

Meanwhile, industrial new orders have declined at the fastest pace since May 2020.

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