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rdf:type	schema:NewsArticle
schema:articleBody	Eurozone economic activity stagnated in September as a summer recovery faltered because of a resurgence in the spread of the coronavirus, IHS Markit said Friday. The firm's closely watched PMI index fell to 50.1 points from 51.9 points in August, just barely above the key 50-point level which indicates growth. "A two-speed economy is evident, with factories reporting that production growth was buoyed by rising demand" while the service sectors were hard hit, said Chris Williamson, chief economist at IHS Markit. The data provider said that Germany, the eurozone's biggest economy, continued to lead the recovery, though at a slower rate than previously. France, where services are key, saw business activity "deteriorate" for the first time in fourth months. The rest of the eurozone -- which includes Spain and Italy -- suffered a more rapid slowdown, IHS Markit said, noting that staff were being cut across the continent, though at a slower pace. Williamson saw encouragement "from a further improvement in companies' expectations for the year ahead, but this optimism often rests on (Covid-19) infection rates falling, which remains far from guaranteed for the coming months." Jessica Hinds of Capital Economics warned that the data "suggest that the recovery is grinding to a halt, at least outside the German manufacturing sector." arp/pdw/gd
schema:headline	Eurozone business growth stagnates as virus resurges
schema:mentions	Jessica Buchanan Eurozone Spain Germany Italy France Virus Coronavirus disease 2019 Chris Williamson (politician) Capital Economics IHS Markit Air Raid Precautions in the United Kingdom Personal defense weapon Economy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-09-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)

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