Eurozone services growth eased to a two-month low in August, but resilient domestic demand and improving manufacturing activity kept overall private-sector growth steady. Employment strengthened, while renewed price pressures and inflation above 3% could complicate the European Central Bank’s policy outlook.
Eurozone services growth eased to a two-month low in August, but resilient domestic demand and improving manufacturing activity kept overall private-sector growth steady. Employment strengthened, while renewed price pressures and inflation above 3% could complicate the European Central Bank’s policy outlook.
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