Eurozone business activity lost a little momentum in November as PMI Composite edged down from 52.5 to 52.4. Manufacturing slipped back into contraction at 49.7, down from 50.0, a five-month low. Services inched up from 53.0 to an 18-month high of 53.1. Hamburg Commercial Bank’s Chief Economist Cyrus de la Rubia noted that manufacturing remains […]
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