• The IHS Markit Eurozone PMI Composite Output Index moved closer to the 50.0 no-change mark in December

Market news

4 January 2019

The IHS Markit Eurozone PMI Composite Output Index moved closer to the 50.0 no-change mark in December

Registering a final reading of 51.1, down from 52.7 in November and lower than the earlier flash estimate of 51.3, the index was at its weakest level for over four years. The slowdown in growth during December in part reflected lower activity in France, where the ‘gilets jaunes’ movement reportedly led to a first fall in economic output for two-and-a-half years.

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