Economic Activity in the Eurozone Slowed Down in December.

06.01.2025 16:22

According to data published by S&P Global and Hamburg Commercial Bank, economic activity in the Eurozone declined in December 2024 due to a decrease in new business and employment. During this period of increasing inflationary pressures, the composite PMI rose to a level of 49.6.

Economic activity in the Eurozone slowed down in December 2024. S&P Global and Hamburg Commercial Bank (HCOB) published the composite and services Purchasing Managers' Index (PMI) data for the Eurozone for December 2024.

According to the data, economic activity in the Eurozone declined in December due to a decrease in new orders and employment. During this period, inflationary pressures also increased. Thus, the Eurozone economy finished 2024 in a fragile state.

The composite PMI for the Eurozone, which was at 48.3 in November, reached 49.6 in December. Therefore, the composite

PMI in the Eurozone saw its highest level in the last 2 months. A PMI value above 50 indicates growth, while below 50 indicates contraction.

Additionally, the services sector PMI in the Eurozone, which was 49.5 in November, rose to 51.6 in December.

Economic Activity in the Eurozone Slowed Down in December.

According to data published by S&P Global and Hamburg Commercial Bank, economic activity in the Eurozone declined in December 2024 due to a decrease in new business and employment. During this period of increasing inflationary pressures, the composite PMI rose to a level of 49.6.

Latest News

"The translation of your text into English is: "What he would say was highly anticipated! Mourinho's shocking words about Okan Buruk, whom he had a falling out with.""

"He opened an umbrella to avoid getting wet in the million-dollar car."

"Okan Buruk's striking words about the referee for the Fenerbahçe derby: "We will be watching their whistles.""

"They don't call it money: Cryptocurrency billionaires have made it to the list of billionaires."

"Armed fight among minibus drivers in Giresun: There are dead and injured."

"While in Dortmund, what events took place! A sensational claim about Nuri Şahin."

"He went out into traffic with a sickle in one hand and a banner in the other, warning drivers."

"Minister Şimşek announced, "We are ready": Turkey and the EU dialogue is starting again after 6 years."

""Another blow to İmamoğlu, whose diploma has been revoked by the university.""

"The bitter toll of the 4-day holiday: 34 dead."

"The prices of iPhones sold in Turkey have increased again."

"The mayors from the CHP got married."

"In Myanmar, where a 7.7 magnitude earthquake struck, the death toll has approached 2,900."

"Disgusting incident at Volkan Konak's funeral! Thrown out by the collar when noticed."

"After Erdoğan's 'Nevruz' instruction, the AK Party is taking action."

"Armed attack on guards conducting identity checks."

"Gold prices are on the verge of their latest record ahead of a critical decision."

"When they couldn't find a shepherd with a salary of 60,000 TL, they found a solution in taking turns."

"A heartbreaking accident on the soldier send-off road! Baby Tuğsem has lost her life."

"A 2-year-old child who fell from a balcony has died."

"Minister Tunç responds to allegations of mistreatment in Silivri."

"The chips of the world-famous brand are being urgently recalled."

"At Volkan Konak's funeral prayer, the imam repeatedly made the same warning: This is not how the prayer is performed."

"In this village, those who do not attend the holiday prayer are thrown into the water trough."

"Kılıçdaroğlu was asked directly: Will you be a candidate at the congress?"