Eurozone manufacturing recovery moves closer to stagnation in July
Aug 1st, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Eurozone manufacturing recovery lost further momentum in July and moved closer to stagnation. The final Markit Eurozone Manufacturing PMI fell to 50.4, below June’s 52.0 and the weakest reading since the recovery began in October 2009. The level of the headline PMI (Purchasing Managers' Index) was in line with the earlier flash estimate.