• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Eurozone Economic Growth Accelerates in November

December 3, 2021 by Forex Winner Leave a Comment

Eurozone Economic Growth Accelerates in November

Source: IHS Markit

Economic growth in the Eurozone posted a solid expansion in November, following three months of slowdowns. EZU is up 0.02% premarket.

  • The IHS Markit Eurozone PMI Composite Output Index stood at 55.4 in November, up from 54.2 in the previous month.
  • Growth was driven mainly by the services sector, which offset the slowdown in manufacturing production, which was the second softest since recovering in July 2020.
  • The biggest jumps were recorded in Ireland, which saw a seven-month high of 59.3, Spain with a three-month high of 58.3, Italy with a three-month high of 57.6.
  • Growth was also recorded in France with a four-month high of 56.1, and Germany with a two-month high of 52.2.
  • IHS Chief Business Economist Chris Williamson believes the expansion is likely to be short-lived, citing lower demand and business confidence.
  • William said growth risks have shifted to the downside, while risks to inflation are seemingly tilted to the upside.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Mexico’s Inflation Eases in September

September 22, 2023

The Potential Government Shutdown: Should Investors Be Concerned?

September 21, 2023

Investor Interest in Arm Holdings PLC Dips After Strong Debut

September 19, 2023

Footer

Forex Broker Reviews

Darwinex

Darwinex Review

May 14, 2020 By Forex Winner

E-Trade

E-Trade Review

October 23, 2019 By Forex Winner

city index

City Index Review

September 12, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure