ECONOMICS COMMENTARY
Mar 01, 2013
Eurozone manufacturing downturn continues despite German stabilisation
At 47.9 in February, up slightly from a flash reading of 47.8, the seasonally adjusted Markit Final Eurozone Manufacturing PMI was unchanged from January's 11-month high. The headline PMI signalled a deterioration in business conditions for the nineteenth successive month, but the rate of contraction remained one of the weakest seen during the past year.
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