Eurozone business growth hits 2014 low in September

London

EUROZONE business grew at the slowest rate this year in September, reflecting falling demand in the region where new orders were the weakest in almost a year, surveys showed on Friday.

Firms cut prices at a faster rate in September, underscoring the difficulty the European Central Bank is likely to have in bringing persistently low inflation back up, especially with weak demand for goods and services in a stagnating economy.