11月欧元区商业活动扩张速度创30个月来最快
Shang Wu Bu Wang Zhan·2025-12-05 16:15

Core Viewpoint - Eurozone's business activity grew at the fastest pace in two and a half years in November, with a PMI of 52.8, driven by strong service sector performance offsetting weakness in manufacturing [1] Group 1: Economic Growth - Most surveyed Eurozone countries experienced economic expansion, with Ireland achieving its highest growth rate in three and a half years [1] - Spain's economic growth slowed but remained strong, while Italy recorded its strongest growth since April 2023 [1] - France's private sector activity saw growth for the first time in 15 months, whereas Germany's economic activity slowed from a peak not seen in 29 months [1] Group 2: Employment Trends - Employment in the Eurozone continued to increase in November, although the growth rate slowed to slightly above average [1] - The service sector maintained hiring momentum, while manufacturing firms experienced the fastest rate of layoffs since April [1] Group 3: Business Confidence - Business confidence showed slight improvement but remained below long-term averages, indicating a cautious outlook among companies regarding future conditions [1] Group 4: Inflation and Costs - Input costs rose at the fastest pace in eight months due to increased procurement costs for manufacturers and accelerated spending in the service sector [1] - However, the rate at which companies raised prices for customers slowed, with output price increases falling to the lowest level in six months [1]