Sunday 25 August 2019

Eurozone growth slows


Euro zone business growth dipped to a 2014 low in September as firms again cut prices, a survey showed yesterday.

The data is likely to keep the spotlight on policymakers' plans for economic stimulus.

It may also dishearten the European Central Bank, which is struggling to spur growth and revive disconcertingly low inflation.

ECB head Mario Draghi has raised the prospect using extra "unconventional" measures if needed.

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