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Manufacturing growth in eurozone at 13-month low

  • In August, the eurozone’s manufacturing growth slowed to a 13-month low, according to a survey.

    The crisis in Ukraine may have had an impact on the growth, with fewer new orders. Germany is Russia’s largest trading partner in the region.

    There are further concerns in markets over the eurozone recovery that has stalled and the possibility of deflation.

    According to some experts, Mario Draghi, the head of the European Central Bank, may consider a quantitative easing scheme.

     

    Tagged as: Eurozone, manufacturing growth, Ukraine, Germany, Russia, deflation, Mario Draghi, ECB, business news