ISTANBUL: Eurozone business activity saw a renewed decline in September, data provider S and P Global said on Monday. The fall in output was the first in the last seven months and came amid a sustained reduction in new orders, it noted. New business fell at the sharpest pace since January, it said. "With new orders and volumes of outstanding business falling at sharper rates and business confidence at a ten-month low, companies scaled back their workforce numbers for the second month running," it said. Meanwhile, demand weakness resulted in easier inflation of both input costs and output prices, it added. The Eurozone Composite purchasing managers index (PMI) output was at 48.9 in September, down from 51 in August. Source: Anadolu Agency
Business activity in Eurozone down for 1st time in 7 months
News For
RECENT POSTS
Electricity Prices Rise by 5% for Households in November
November 12, 2026
CUT and TIAS Partner to Establish Joint Research Centre and Laboratory
November 12, 2026
Retail Fuel Prices in Cyprus Experience Notable Decline Over Past Month
November 12, 2026
European University Cyprus Students Secure Silver at SkillsCyprus 2026
November 12, 2026