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Euro area economy's lacklustre growth to persist: Markit

Data suggest growth spurt seen at the start of the year will prove frustratingly short-lived
Saturday, June 4, 2016 - 05:50

London

THE euro area's lacklustre pace of growth is set to continue as the economy cools from a strong first-quarter performance, according to Markit Economics.

Its gauge of new business growth at manufacturing and services firms fell to a 16-month low in May, meaning output is