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Euro zone business growth in the doldrums

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Euro zone business growth in the doldrums
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Growth in the Euro zone has been weaker than any forecaster predicted for November and orders are down for the first time in over a year.

Analysts see this as an indication of stagnation in the economy.

The Purchasing Managers Index is based on surveys of thousands of companies and is seen a reliable method to plot growth or otherwise.

Those indicators, which look beyond the present see no signs of any tangible improvement down the line.