By Jonathan Davies
The Eurozone suffered yet more weak growth in December as it experienced its worst quarter for more than a year, according to Markit.
The Markit/CIPS purchasing managers' index (PMI), a closely watched survey, recorded a score of 51.4 in December, down from an estimate of 51.7. But it was higher than the 51.1 score seen in November, which was a 16 month low.
The eurozone has now seen 18 consecutive months of growth, albeit very weak.
Chris Williamson, chief economist at Markit, said: "The eurozone will look upon 2014 as a year in which recession was avoided by the narrowest of margins, but the weakness of the survey data suggests there's no guarantee that a renewed downturn will not be seen in 2015."
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