Arab Canada News
News
Published: January 2, 2024
Data from S&P Global showed today, Tuesday, the continued contraction of the industrial sector in the Eurozone at the end of the year.
The Purchasing Managers' Index rose to 44.4 last December compared to 44.2 last November, noting that the index still registers below 50, which means the sector is contracting.
However, the reading was the lowest in 7 months, and the marginal increase in the index essentially reflects the less severe deterioration in Germany and Italy.
Thursday, 03 July 2025
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