Final PMI data confirm rate of deterioration of Eurozone’s manufacturing economy continued to gather pace in February
Mar 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Final PMI (Purchasing Managers' Index) data confirm that the rate of deterioration of the Eurozone’s manufacturing economy continued to gather pace in February. The Markit Eurozone Final Manufacturing PMI fell from 34.4 in January to 33.5, the lowest reading in the eleven-and-a-half year history of the survey and also slightly below the earlier Flash reading of 33.6.