After accounting for seasonal factors, November’s final IHS Markit Eurozone PMI® Composite Output Index registered its lowest level since September 2016. Posting 52.7 in November, the index was down from October’s 53.1 though slightly higher than the earlier flash estimate of 52.4. It was in Germany where the euro area’s growth slowdown was centred, with latest data showing the weakest expansion here in nearly four years. However, Italy remained the weakest-performing country, with activity slightly down for a second successive month. In contrast, firmer growth was seen in Ireland, France and Spain, although rates of ... (full story)