Eurozone economy expands at slower pace in April

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.

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