The eurozone’s private sector economy stagnated during October, as signalled by the IHS Markit Eurozone PMI® Composite Output Index posting a level of 50.0. Whilst an improvement on the earlier flash reading, the index was nonetheless down from 50.4 in September and ended a three-month period of growth. In line with recent developments, the headline index masked the continuation of a two-speed economy in October. Manufacturing output growth was sustained, and to the strongest degree in over twoand-a-half years. In stark contrast, service sector activity contracted again, deteriorating to the greatest degree since ... (full story)