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home / news releases / SPEU - Eurozone Growth Up - Services Demand Offsets Near-Stalling Of Manufacturing Prices Rise

SPEU - Eurozone Growth Up - Services Demand Offsets Near-Stalling Of Manufacturing Prices Rise

SPDR® Portfolio Europe ETF
  • Eurozone economic growth accelerated in April as a rebounding service sector, benefitting from loosened COVID-19 restrictions, helped compensate for a near-stalling of manufacturing output.
  • Growth trends varied markedly by sector. Business activity among service providers rose at the fastest rate since last August amid falling COVID-19 case numbers and an associated relaxation of health restrictions.
  • The eurozone has therefore started the second quarter on a stronger than anticipated footing, confounding consensus expectations of a slowdown.

For further details see:

Eurozone Growth Up - Services Demand Offsets Near-Stalling Of Manufacturing, Prices Rise
Stock Information
Company Name: SPDR® Portfolio Europe ETF
Stock Symbol: SPEU
Market: NYSE
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