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Eurozone Manufacturing Activity Growth At 8-Month Low

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Eurozone manufacturing activity expanded at the slowest pace in eight months in October as supply chain issues interrupted production schedules and dampened orders, final survey results from IHS Markit showed on Tuesday.

The manufacturing Purchasing Managers' Index fell to 58.3 in October from 58.6 in September. The reading was also below the 'flash' 58.5.

The indicator signaled the slowest improvement in manufacturing sector conditions since February.

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