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Euro zone manufacturing growth slows again as inflation fades

From uk.reuters.com

Manufacturing growth in the euro zone slowed further in September as new orders contracted for the first time in over a year on dwindling demand at home and from abroad, a business survey showed on Wednesday. Factories also cut prices last month for the first time since April, while preliminary data on Tuesday showed euro zone inflation slowed further in September to just 0.3 percent, the lowest since the height of the financial crisis. That underscores the difficulty the European Central Bank is likely to have in bringing low inflation back up to its target of just below 2 percent, especially with low demand for ... (full story)

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