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via rttnews.comEconomy

Eurozone private sector growth moderates to a four-month low in October

FROM THE WIRE · RTTNEWS.COM

The euro area private sector growth moderated to a four-month low in October as new order receipts came close to stalling and output price inflation remained historically high, final purchasing managers' survey data from S&P Global showed Wednesday.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSlower private sector activity and high output price inflation weigh on the euro area economic outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Euro area private sector growth slowed to a four-month low in October.
  2. 02New order receipts came close to stalling.
  3. 03Output price inflation remained historically high.

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