Eurozone manufacturing and services activity plunged to record low in October
Oct 24th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Markit Flash Eurozone Composite Output Index, measuring manufacturing and services activity and based on around 85% of normal monthly survey replies, sank to a new record low in October, signalling the steepest monthly reduction in private sector output since the survey data were first compiled in July 1998 and the fifth successive monthly contraction.