![Decline in eurozone business activity eases in December](https://cyprus-mail.com/wp-content/uploads/2024/11/germany-restaurant-eurozone-waiter.jpg)
The decline in eurozone business activity eased this month as the bloc’s dominant services industry bounced back to growth and offset a long-running contraction in the manufacturing industry, a survey showed this week.
HCOB’s preliminary composite eurozone Purchasing Managers’ Index, compiled by S&P Global, rose to 49.5 in December from November’s 48.3 but was still shy of the 50 mark separating growth from contraction.
A Reuters poll had predicted a