Eurozone Business Activity Slows in October, Surveys Show
Eurozone activity slowed in October amid pressure on profit margins, according to purchasing managers’ surveys. The report cited higher energy costs accompanying the U.S.-Iran war.
By Paul HannonBusiness activity in the eurozone slowed in October amid a squeeze on profit margins, according to surveys of purchasing managers released Friday, a sign of fading resilience in the face of the higher energy costs that have accompanied the war between the U.S. and Iran.The surveys re…