Tue, 21-Oct-2025

Eurozone growth slows as Omicron measures hit spending

Eurozone

BRUSSELS: Economic growth in the eurozone slowed sharply in January, a key survey showed on Monday, as new coronavirus restrictions hit consumer spending, raising a new obstacle for the region’s recovery. In its closely watched monthly survey, IHS Markit said the deceleration, which brought growth to an 11-month low, was completely attributable to the services … Read more

Eurozone growth slowing after new Covid wave: survey

Eurozone growth

BRUSSELS: Economic growth in the Eurozone slowed to a nine-month low in December, as a fresh wave of the coronavirus rattled businesses, especially in Germany, a closely watched survey said on Thursday. The survey, released by data firm IHS Markit, added that prices in Europe were continuing on their upward march, though rates of increase had … Read more