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EZ economic growth eases to nine-month low as pandemic flares up

From markiteconomics.com

Following a brief acceleration in November, economic growth in the euro area eased to a ninemonth low during December, resuming a slowdown trend amid a resurgence of COVID-19 infections. This had a notable effect on the service sector, restricting increases in both activity and new business. Meanwhile, manufacturing output growth remained subdued as supply-related disruptions continued to impede production schedules. After accounting for seasonal factors, the IHS Markit Eurozone PMIŽ Composite Output Index fell to 53.3 in December, down from 55.4 in November, to signal the softest expansion in combined manufacturing ... (full story)

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