Skip to contentHome page Seeking Alpha - Power to InvestorsUS EconomyOct 23, 2026, 6:05 AM ETVGK, FEZ, IEV, EZU, DFE, FDD, FEP, SPEU, HEDJ, DBEU, EUDG, IEUR, HEZU, FEUZ, DBEZ, IEUS, OPPE, OEFA, EUDV, PTEU, GSEU, FLEE, FLEU, BBEU, FPXE, EURL, EUFNING Economic and Financial Analysis5.68K FollowersEurozone October PMI shows that the economy remained resilient amid higher energy prices.France is the notable exception though, where the PMI dropped from 51.1 to 48.4, a level associated with contraction.The ECB meeting on October 29 is not expected to result in an interest rate hike. Instead, the French crisis is increasingly eroding the need for additional rate hikes.Olga Yastremska/iStock via Getty ImagesBy Bert Colijn, Chief Economist, NetherlandsSo far, economic growth has remained resilient in the eurozone despite the energy shock. Third-quarter GDP growth was likely still decent, judging from sentiment data, although industrial output did disappoint in July. ButThis article was written byING Economic and Financial Analysis5.68K FollowersFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.