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Eurozone business activity stronger than expected but prices still tepid

Published Fri, Oct 23, 2015 · 09:50 PM

London

BUSINESS activity picked up more than expected in the eurozone in October, buoyed by Germany and France, but with no sign of healthy price increases.

Survey data released on Friday should be welcomed by the European Central Bank, coming more than six months after it embarked on a trillion-euro quantitative easing programme to try to boost growth in the bloc.

What will disappoint policymakers, however, was the way companies …

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