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2025-01-02 09:09:33

Ghost of Truth on Nostr: Eurozone's Industrial Heartlands Deepen Manufacturing Slump Manufacturing in the ...

Eurozone's Industrial Heartlands Deepen Manufacturing Slump

Manufacturing in the Eurozone continues its downward spiral, with powerhouse economies Germany and France leading the decline. The latest PMI data shows manufacturing activity at 45.1, falling short of the projected 45.2 and signaling further contraction in the sector.

The European Central Bank may soon intervene with monetary stimulus and potential rate cuts to combat the persistent industrial weakness. This development could put additional pressure on the euro's strength.

#EU #Eurozone #Manufacturing #Nostr #Bitcoin #ECB #Industry #Economy


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