Eurozone private sector shrunk less than expected in November

Note: This section contains information in English only.
Source: RTT News
© Scanpix/AP
The composite output index, indicating the combined output of manufacturing and service industries, increased to 46,5 in November, comparing with 45,7 in October, as a survey by Markit Economics revealed on Wednesday. The downturn continues in both sectors and analysts say that the EU will face a considerably bigger loss of GDP in the fourth quarter than it was 0.1% loss in the third quarter.

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