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 βartificial intelligence, surveys showed on Friday.
Factory activity in the common βcurrency 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 βto 48.8 in December from 49.6 in November.
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