The economy is stalling – industrial sentiment in the Eurozone continues to deteriorate

Although the new year brings a breath of fresh air, it is unlikely to blow into the economy yet. At least the signs for this are bad. The mood in industrial companies in the Eurozone deteriorated slightly again in December. The S&P Global Purchasing Managers’ Index (PMI) fell by 0.1 points to 45.1 points compared to the previous month. S&P announced this on Thursday in London. This meant that an initial assessment, which had shown stagnation at 45.2 points, was revised slightly downwards.