UK PMI Sticks near 21Month Low as Orders Weaken

LONDON, Nov 23 Reuters British economic activity fell at close to its fastest pace in nearly two years in November, adding to signs of recession as orders sank and employment growth slowed, a survey showed on Wednesday. The 39;flash39; or preliminary version of the IHS MarkitCIPS composite purchasing managers39; index PMI for Britain edged up […]
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Easing Euro Zone Downturn Offers Hope of Milder Recession

Euro zone, German PMIs slightly better than expected Bloc still expected to enter recession amid high inflation Services firms starting to struggle Britain also heading for recession, surveys show LONDON, Nov 23 Reuters The downturn in euro zone business activity eased slightly in November offering a glimmer of hope the expected recession may be shallower […]
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