Eurozone Final Manufacturing PMI fall in March eased from February low
Apr 1st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Markit Eurozone Final Manufacturing PMI (Purchasing Managers' Index) for March rose from February's all-time low. At 33.9 from 33.5 in February, the PMI signalled a marginal easing in the rate of decline from the previous month's record pace. Output showed the weakest decline for five months, and a smaller fall than the Flash estimate, although the rate of decline remained well above that seen prior to last October. With the exception of Austria and Greece, rates of contraction eased in each of the eight countries surveyed. Particularly slower rates of decline were seen in France and Germany.
