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recession: Euro zone recession risks grow as rate hikes bite: PMI

The euro zone economy is expected to contract this quarter and remain in a state of recession due to the impact of interest rate hikes by central banks, according to a survey. The flash euro zone Composite Purchasing Managers Index (PMI) rose slightly in September but remained below the 50 mark that indicates growth. Hamburg Commercial Bank predicts a 0.4% contraction this quarter.

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歐盟公布印太戰略 尋求與台灣建立深厚貿易關係 | 全球 | NOWnews今日新聞
nownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nownews.com Daily Mail and Mail on Sunday newspapers.

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