• 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 Cools to Five-Month Low

October 5, 2021 by Forex Winner Leave a Comment

Eurozone Economic Growth Cools to Five-Month Low

Source: IHS Markit

Eurozone economic growth slowed to a five-month low in September, as supply constraints continued to hit production. 

  • The IHS Markit Eurozone PMI Composite Output Index stood at 56.2 in September, lower than 59.0 in August. This is the lowest reading since April.
  • The Eurozone Services Business Activity Index fell to 56.4, also from 59.0 in August.
  • Services activity expanded at a faster rate than manufacturing for the first time since the COVID-19 pandemic hit, indicating sensitivity to supply shortages.
  • Demand for goods and services and output grew for the seventh straight month, albeit at a slower rate.
  • Goods producers saw an improvement in sales growth due to the export demand, while international sales posted minimal gains during the month,
  • Employment growth accelerated, particularly in Ireland, but capacity issues continued as work backlogs increased for the seventh straight month.
  • Business optimism for the year ahead also fell to the lowest level in seven months since February.

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Your email address will not be published.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

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

ZacksTrade

ZacksTrade Review

May 22, 2019 By Forex Winner

Hot Forex

HotForex Review

November 10, 2019 By Forex Winner

IQ Option Review

IQ Option Review

April 25, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

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

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure