ECONOMICS COMMENTARY
Jul 03, 2013
Eurozone recession eases at end of second quarter
At 48.7 in June, up from 47.7 in May, the final Markit Eurozone PMI Composite Output Index indicated a further easing in the rate of contraction in economic output to a 15-month low. The reading was below its earlier flash estimate (48.9), however, and signals that overall activity has now fallen in each of the past 17 months.
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