• 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Your email address will not be published.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

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

FXTM

FXTM [ForexTime] Review

August 9, 2019 By Forex Winner

europefx

EuropeFX Review

December 26, 2019 By Forex Winner

usg forex broker - usgfx

USG Review

September 6, 2019 By Forex Winner

Forex Robot Reviews

Tradescoop Review

May 2, 2023 By Forex Winner

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

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