Euro zone business activity returned to growth in March, PMI shows

Explore stories from Atlantic Canada.

South Shore school lunch program setting the standard | SaltWire #school #lunch #educationLONDON - Euro zone business activity expanded last month for the first time since May 2023 but the recovery was uneven with a stronger than expected upturn in the bloc's dominant services industry offsetting a deeper downturn in manufacturing, a survey showed.

"Finally some good news again. The service sector in the euro zone is gradually finding its footing, with activity stabilizing in February and showing signs of moderate growth in March," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Euro zone factory downturn deepened in March but some recovery signs, PMI showsExplore stories from Atlantic Canada.
Read more »

Euro zone factory downturn deepened again in March, PMI showsExplore stories from Atlantic Canada.
Read more »

India's March business activity ends fiscal year on strong note -PMIExplore stories from Atlantic Canada.
Read more »

India's services growth accelerated in March, exports at record high, PMI showsExplore stories from Atlantic Canada.
Read more »

Canada services PMI falls in March as downturn lengthensThe downturn in Canada's services sector deepened in March as higher prices and elevated borrowing costs crimped customer demand but firms remained confident...
Read more »

Canada services PMI falls in March as downturn lengthensExplore stories from Atlantic Canada.
Read more »