Growth in euro zone business activity unexpectedly slowed in October, surveys showed Thursday, raising questions about the strength of the region's economic recovery.
Markit's flash purchasing managers' index (PMI) revealed that the euro zone's composite reading fell from 52.2 in September - a two-year high - to 51.5 in October, worse than forecast in a Reuters poll. Economists had expected the PMI reading - where a figure above 50 denotes expansion - to come in at 52.5.
Rob Dobson, senior economist at Markit, told CNBC the dip in October's reading was disappointing.
"However, I wouldn't place too much emphasis on one month of data," he said. "We're seeing broad-based growth... It's going to be an uneven and fragile recovery and that's what we're seeing here."