Passers-by walk on Marienplatz in front of the city hall of Munich. Germany’s PMI hit a decade high of 60.4, while France’s PMI inched up to 57.1. Photograph: AFP via Getty

Businesses across Europe are experiencing the largest increases in orders and activity for many years, creating growing supply shortages and driving u(...)

Retail sales data for November showed a 6.1 per cent drop compared with the previous month, reflecting tightening Covid-19 restrictions in most countries. Photograph: John MacDougall / AFP

Euro zone retail sales contracted more than expected in November and inflation was negative for the fifth consecutive month in December, adding to the(...)

A Berlin shopping mall this week. Services activity fell this month in Germany and France, the euro zone’s two largest economies, as the sector bore the brunt of new restrictions and of weak consumer confidence as job losses continued to rise. Photograph: EPA

Business activity in the euro zone has slid back into decline, according to a widely-watched survey, as rising coronavirus infections and tighter curb(...)