EUDG - Eurozone Growth At 9-Month Low In December As Fourth COVID-19 Wave Hits Price Pressures And Supply Constraints Ease
- The eurozone economy is being dealt yet another blow from COVID-19, with rising infection levels dampening growth in the service sector in particular to result in a disappointing end to 2021.
- By country, growth stalled in Germany due to the first drop in new orders for goods and services since June 2020, ending a 17-month recovery.
- France meanwhile continued to grow at a solid pace, albeit down on November, as a relatively resilient service sector helped offset a decline in manufacturing output for the second time in the past three months.
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Eurozone Growth At 9-Month Low In December As Fourth COVID-19 Wave Hits, Price Pressures And Supply Constraints Ease