Euro zone business activity remained close to stagnation at the end of last year, a survey showed on Monday, as an upturn in services activity only partially offset a continued decline in the bloc’s manufacturing industry. IHS Markit’s final euro zone composite Purchasing Managers’ Index (PMI), seen as a good indicator of economic health, nudged up to 50.9 in December from November’s 50.6. That beat a preliminary estimate which suggested no change from the previous month but remained close to the 50 mark separating growth from contraction. “Another month of subdued business activity in December rounded off the euro zone’s worst quarter since 2013. The PMI data suggest the euro area will […]