Eurozone Private Sector Growth Slows Sharply On Supply Bottlenecks

Eurozone private sector growth eased sharply to a six-month low in October amid rising supply bottlenecks and COVID-19 concerns, flash survey results from IHS Markit showed on Friday. The composite output index dropped to 54.3 in October from 56.2 in September. The reading was expected to fall to 55.2.