{"id":119746,"date":"2025-09-23T10:45:05","date_gmt":"2025-09-23T09:45:05","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=119746"},"modified":"2025-09-24T11:11:14","modified_gmt":"2025-09-24T10:11:14","slug":"109771-gbp-eur-pair-falls-to-an-almost-2-month-low","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\/","title":{"rendered":"GBP\/EUR: Pair falls to an almost 2-month low"},"content":{"rendered":"<p>The pound-euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/1000-gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is falling for a second consecutive day to \u20ac1.1440.<\/p>\n<p>The pound is dropping towards a <a href=\"https:\/\/currencylive.com\/news\/109770-gbp-eur-pound-falls-as-business-activity-slows\/\">2-month low after UK PMI data<\/a> showed a sharper-than-expected slowdown in business activity.<\/p>\n<p>The composite PMI fell to 51 in September from 53.5, while manufacturing dropped to 46.2, signaling contraction.<\/p>\n<p>With inflation still high at 3.8%, the UK faces stagflation, adding pressure ahead of Chancellor Rachel Reeves\u2019 November budget.<\/p>\n<p>The euro is rising as the eurozone services PMI rose to 51.4, a nine-month high.<\/p>\n<p>The data comes as the ECB has left rates unchanged for two consecutive meetings, with inflation remaining at 2%. If growth holds up, the ECB could be at the end of its rate-cutting cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound-euro (GBP\/EUR) exchange rate is falling for a second consecutive day to \u20ac1.1440. The pound is dropping towards a 2-month low after UK PMI data showed a sharper-than-expected slowdown in business activity. The composite PMI fell to 51 in September from 53.5, while manufacturing dropped to 46.2, signaling contraction. With inflation still high at [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5192,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-119746","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair falls to an almost 2-month low - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls to an almost 2-month low\",\"datePublished\":\"2025-09-23T09:45:05+00:00\",\"dateModified\":\"2025-09-24T10:11:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\\\/\"},\"wordCount\":121,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100811-gbp-usd-uk-brexit-vote.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109771-gbp-eur-pair-falls-to-an-almost-2-month-low\\\/\",\"name\":\"GBP\\\/EUR: Pair falls to an almost 2-month low - 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