Business activity in the euro zone expanded at a slower pace than expected in September as firms continued to cut prices, a Markit Economics survey showed today.
Markit’s Composite Flash Purchasing Managers’ Index dipped to a nine-month low of 52.3 — down from 52.5 in August.
Employment was largely unchanged as companies held back from hiring extra staff due to the weak sales growth and falling prices, Markit said.
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