Eurozone Flash PMI - Purchasing Managers’ Index - Output falls for first time in five years but prices continue upward trend
Jun 23rd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone Flash PMI - Purchasing Managers' Index: The RBS/Markit Flash Eurozone Composite Output Index, based on around 85% of normal monthly survey replies, fell from 51.1 in May to 49.5 in June, slipping below the 50.0 no-change level to signal a contraction of private sector output for the first time since July 2003. Although only slight, the decline was the largest since June 2003.