Manufacturing activity in the eurozone shrank further in December, but Asia's factory powerhouses closed 2025 on a firmer footing backed by a rebound in export orders and growing demand for ​artificial intelligence, surveys showed on Friday.

Factory activity in the common ‍currency bloc slid into deeper contraction last month as production decreased for the first time in 10 months on further declines in new orders.

The HCOB Eurozone Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell β€Œto 48.8 in December from 49.6 in November.

πŸ“°

Continue Reading on Daily Sabah

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’