Eurozone economy plummets even further, dragged down by Germany as it heads into recession
- The S&P Global Flash Eurozone composite Purchasing Managers' Index (PMI), seen as a good guide to overall economic health, fell to 47.1 this month
- Poor score comes amid soaring inflation and high energy prices across Europe
- In Germany, the PMI dropped to 44.1 this month, down from 45.7 in September
- A S&P composite reading below 50 signals an economic contraction in area
- ....
- The UK's PMI fell to 47.2 in October, below September's 49.1 reading.
