The Traderszone Network

Published in TZ Latest News 21 August, 2014 by The TZ Newswire Staff

Euro zone business growth slows in August, prices fall: PMI

Euro zone private business growth slowed more than expected this month, despite widespread price cutting, as manufacturing and service industry activity both dwindled, a survey showed on Thursday. Euro zone economic growth ground to a halt in the second, quarter, dragged down by a shrinking economy in Germany and a stagnant France, even before any impact from sanctions imposed on and by Russia over Ukraine.

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