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Euro Zone Growth Slows as Chinese Factories Trundle On

Posted September 25, 2014

Under Economic Issues, International Trade Issues


Euro zone business growth dipped to a 2014 low in September as firms again cut prices, while factory activity in China picked up only slightly, surveys showed, keeping the spotlight on policymakers' plans for economic stimulus.

The data seems sure to dishearten the European Central Bank, struggling to spur growth and revive disconcertingly low inflation and whose head Mario Draghi again raised prospects on Monday of using extra unconventional measures if needed.

In China, signs of a weakening labor market reinforced expectations that authorities in Beijing would further relax financing conditions in coming weeks. Read more here.