Eurozone contraction accelerates in February
Feb 23rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone contraction: Having risen marginally to 38.3 in January, theMarkit Flash Eurozone Composite Output Index, based on around 85% of normal monthly survey replies, fell to a record low of 36.2 in February, indicating that the rate of decline in private sector output continued to gather pace.