ROME (ITALPRESS) – “In the fourth quarter of 2025, real GDP in the euro area is expected to increase moderately, in the context of different sectoral trends”. The ECB predicted this in its economic bulletin. “The increase in the preliminary composite PMI for output in October – he continued – is consistent with the quite positive growth dynamics in the manufacturing sector at the start of the fourth quarter, while activity in the services sector is gaining strength, confirming the role of this sector as the main driver of the economy. At the same time, the latest key indicators show a contrasting picture: in October, the increase in the composite PMI for new orders was driven by both sectors, while the decline in business expectations for 12 months, taken from the PMI survey, was mainly driven by the two sectors. strong for the services sector and moderate for manufacturing sector Overall, high uncertainty, effective tariff increases, a strengthening euro and increasing global competition are expected to slow growth in the fourth quarter of 2025.”
-Ipa Agency photo –
(ITALPRES).
