Wed, 05 Dec 2012 15:51:36 GMT
Eurozone private sector shrunk less than expected in November
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%