Eurozone business activity grew in September at the second-weakest rate since late-2016, according to preliminary PMI survey data, as manufacturing growth was subdued by export orders stagnating for the first time in over five years. The IHS Markit Eurozone PMI fell from 54.5 in August to 54.2 in September, according to the flash reading, which is based on around 85% of usual replies. Although still well above the 50.0 nochange level, the latest reading was the lowest since November 2016 with the exception of last May. New order inflows were the joint-weakest since October 2016 and backlogs of uncompleted orders rose ... (full story)