Mumbai, Dec. 16 -- A rise in Eurozone business activity in December completed a full calendar year of growth for the first time since the COVID-19 pandemic, according to provisional PMI survey data.
That said, the latest expansion in output was modest and the slowest in three months. New order growth also softened amid a sharper reduction in new business from abroad, but companies took on extra staff for the third consecutive month.
Business confidence waned amid much weaker sentiment among service providers which outweighed an improved outlook for manufacturing. On the price front, rates of input cost and output charge inflation strengthened at the end of the year.
The seasonally adjusted HCOB Flash Eurozone Composite PMI Output Index, ...