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Euronews
Euronews
Piero Cingari

German manufacturing contracts again: Is eurozone growth at risk?

eurozone Euro Germany Inflation SP Global

Germany’s manufacturing sector ended the year on a weaker footing, reinforcing concerns that the eurozone’s economic recovery is losing momentum.

Flash Purchasing Managers’ Index (PMI) data for December from S&P Global points to a deeper-than-expected contraction in German industry, while services growth slowed across the bloc.

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