Eurozone Heading Towards Recession | PMI Slips Below 50 Mark
2023 • 10min • News • Business
Published On: October 26, 2023 - In the Eurozone region, private-sector activity kicked off the final quarter of 2023 with a dismal showing. These factors suggest that the region’s economy is slipping into recession. S&P Global's purchasing managers' index dropped to 46.5 - below the 50 mark. This number is a three-year low in October. Join News9's Kartik Malhotra and Srinath Sridharan, Independent Markets Expert for more details on the story.