Eurozone Composite PMI Falls to 48.2 in September - S&P Global By
© Reuters.
By Scott Kanowsky
-- A downturn in Eurozone business activity deepened in September, sliding to its lowest mark in 20 months, as pressure on companies from soaring inflation increased.
S&P Global's flash composite purchasing managers' index for the eurozone dropped to a reading of 48.2, down from 48.9 in August and in line with economists' estimates. A level below 50 indicates contraction.
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