The Guardian

Eurozone manufacturers see ‘no sign of recovery’ as UK orders slow

Eurozone manufacturers see ‘no sign of recovery’ as UK orders slow

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France, Germany and Austria are especially hard hit, as British factory owners cut jobs and investmentBusiness live – latest updatesEurope’s manufacturers suffered a slump in demand last month with “no sign of a recovery”, as UK factory owners also reported a slowdown in orders.Manufacturers across the eurozone reported a decline in demand for their goods in November, with France, Germany and Austria especially hard hit, according to the S&P Global purchasing managers’ index (PMI). Continue reading…

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Source link : https://www.theguardian.com/business/2024/dec/02/eurozone-manufacturing-recovery-uk-orders

Author : Phillip Inman

Publish date : 2024-12-02 12:03:47

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Tags : The Guardian