Eurozone private sector sees fragile growth as inflation stays high
Source:
Euronews.com
2 months ago
The eurozone's economy is showing only slight growth, with a Composite PMI of 50.2 in February, indicating a fragile recovery. Inflationary pressures are rising, complicating the European Central Bank's (ECB) decision on interest rates. France's economy is in contraction, while Spain and Italy show stronger performance. Despite weak PMI figures, markets reacted positively, with the euro and stocks rallying. Full article (Euronews.com)