The global economy is ending the year in a fragile state with factory activity shrinking in China, euro zone business growth remaining weak, and emerg(...)

Further price cutting, together with signs of economic performance deteriorating in the core countries, will concern the European Central Bank which is battling to reinvigorate the economy and drive up dangerously low inflation

Heavy discounting failed to stop euro zone business activity growing less than thought last month, a survey showed on Wednesday, suggesting the econo(...)

Euro zone manufacturing growth stalled in November and new orders fell at the fastest pace in 19 months despite heavy price cutting, painting a bleak (...)

A PMI covering the dominant service industry also missed all predictions in the poll by falling to 51.3

Euro zone business growth has been weaker than any forecaster expected this month and new orders have fallen for the first time in more than a year de(...)

A worker welds in a factory in Gravellona Lomellina, 45km southwest of Milan

Euro zone business growth picked up less than expected in October despite much deeper price cutting, according to business surveys on Wednesday that g(...)

Markit said the PMIs point to a 0.2 per cent expansion of GDP in the current quarter, with risks to the downside.

Euro zone businesses performed much better than anyone expected this month but did so by slashing prices again, and optimism about the future fell to (...)

Markit’s manufacturing index fell to a two-month low of 47.3 from 48.8 in September, new figures show

France’s business downturn deteriorated in October to an eight-month low as firms cut prices at the fastest rate since the global financial crisis in (...)

Wage growth has been weak despite Britain’s strong economic recovery, but the number of people in employment and total hours worked have grown much more rapidly

British households’ incomes from employment rose at the fastest rate in more than five years in early October, but many families still feel under fina(...)

European Central Bank president Mario Draghi speaks during the Euro Star handover ceremony in Vilnius. Photograph: Ints Kalnins/Reuters

Euro zone business grew at the slowest rate this year in September, reflecting falling demand in the region where new orders were the weakest in almos(...)

A service industry PMI for France, the bloc’s second-biggest economy, sank to 49.4 after just two months in growth territory. Photograph: Christian Hartmann/Reuters
Eurozone suffers unexpected slowdown
  • Economy
  • September 23, 2014, 10:56

Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row. The dat(...)