The euro area private sector recovery lost momentum in August amid fears of another wave of coronavirus infections, final data from IHS Markit showed on Thursday. Another report from Eurostat showed that retail sales fell unexpectedly in July on weak non-food products turnover. The composite output index fell to 51.9 in August from 54.9 in July. However, the score was above the neutral 50.0.

For more info about this post:

View Source


Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply

Your email address will not be published.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