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Economics

Euro Area Faces Weak Growth, Waning Optimism as Trade Woes Bite

  • Composite PMI rises to 51.9 from 51.5, bolstered by France
  • Gauge points to quarterly pace of economic expansion of 0.2%
Morning Rush Hour Workers in Germany's Financial Center
Photographer: Peter Juelich/Bloomberg

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An erosion of euro-area business confidence due to trade tensions and political uncertainty suggests the economy’s feeble pace of expansion is unlikely to improve.