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Global Market: Eurozone business activity hits 29-month high as price pressure intensifies

Economic Times 2 hrs ago·5 Oct 2026, 10:00 am

Eurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. However, inflation surged to 3.8% due to rising energy costs, fueling expectations that the European Central Bank will maintain higher interest rates or hike rates further by mid-next year.

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Summary & analysis by DocStoX. Full story at Economic Times.

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