Eurozone financial exercise slows for sixth straight month, PMIs present

Economic exercise within the eurozone contracted in November for the sixth month in a row, albeit at a softer tempo than in October, as demand continues to weaken, knowledge from a buying managers’ survey confirmed Thursday.

The HCOB Flash Eurozone Composite PMI Output Index–a gauge of exercise within the manufacturing and companies sectors–rose to 47.1 from 46.5 in October. The degree in October was its lowest degree in round three years.

The…

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