Chart of the day: At least the eurozone's economic slump is not deepening

Denník N

Chart of the day: At least the eurozone's economic slump is not deepening

Although the Eurozone Purchasing Managers' Index rose in November, it still indicates that the economy is in recession. Hope for the future, economists say, is driven by a mitigating decline in new orders. Although the Eurozone Purchasing Managers' Index rose slightly in November, its value is now in the recession band for the sixth consecutive month. The good news, however, is that the slump in economic activity is easing. [...]