Has business activity picked up in Europe?

Quick Summary:

With inflation slowing, the central bank is widely expected to cut rates by 0.25 percentage points from its present rate of 3 per cent.

The January reading for the IHS Markit composite purchasing managers’ index — which combines manufacturing and services activity — will be closely watched, analysts said, as it comes before the inauguration of Donald Trump.

Data on Friday will offer a snapshot of business activity in Europe ahead of this month’s European Central Bank meeting to set interest rates.

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Article Details

Author / Journalist: Philip Stafford

Category: MarketsFinanceInvesting

Markets: United StatesFranceGermany

Topics: Reading Rate Market Interest Month Rates Cent Growth Bank Months Data

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-19 @ 12:00:52 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 872 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 25252205

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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Headquarters: United States

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