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| Infographie : F. Descheemaekere |
Survey Signals That Euro Zone Has Entered Recession
[The New York Times]
The euro zone was most likely in recession in the third quarter, a private sector survey showed Wednesday, a day before the European Central Bank’s governing council was to meet to discuss monetary policy.
Business activity and new orders in the 17-nation currency bloc declined in the three months through the end of September, according to a survey of purchasing managers by Markit Economics, a financial data provider. Markit said its composite index came in at 46.1 in September, down from 46.3 in August but an increase from its initial estimate of 45.9. A reading below 50 suggests the economy is contracting; the index has been below that level for eight consecutive months. By country, Ireland was the only nation to have an increase in its composite index.
German activity was largely unchanged, and French activity fell sharply.
Lire : nytimes.com
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