The economy of the euro zone continued to grow in April, but at a diminished rate due to weakened demand and near stagnation in the services sector, according to a survey.
These indicators suggest that the region’s economic recovery is still delicate.
The HCOB Eurozone Composite PMI Output Index, put together by S&P Global, dropped to 50.4 from 50.9 in March.
This reading is slightly above the 50 mark, which distinguishes growth from contraction.