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Eurozone manufacturing activity expanded at its fastest pace since May 2022 in October, with the PMI rising to 52.7. However, factories faced higher energy costs, supply chain disruptions and growing inflationary pressure. While exports grew at their fastest pace in more than four years, new orders slowed to a four-month low. Germany and Spain recorded strong growth, while manufacturing contracted in France and Italy. With Eurozone inflation expected to reach 4 percent, pressure is mounting on the European Central Bank.#Eurozone #EuropeanEconomy #Manufacturing #Inflation #Germany #ECB #EnergyCrisis