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Eurozone Recovery Slows
The eurozone's economic rebound lost momentum in November, according to Markit Economics.
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The eurozone's economic rebound lost momentum in November, according to Markit Economics.
The London-based research firm's composite purchasing managers index slipped to 51.7 last month from 51.9 in October. Any reading above 50 indicates expansion.
But Markits notes sharp differences in activity at the national level that raise concern that eurozone growth "remains so fragile." Germany's index climbed to a 29-month high. But France and Italy's indexes fell to 48 and 48.8, respectively.
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