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Sluggish Economy Plagues Europe
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The manufacturing purchasers index for the eruozone was 45.1, remaining at the same level as May, a three year low, according to survey firm Markit. The figures are based on a survey of purchasing executives. Index figures below 50 indicate contraction in the manufacturing sector. Germany was at a PMI of 45, Spain at 41.1. The PMI reports indicate a contraction of 1% at an annualized rate for the eurozone economies in the 2nd quarter of 2012.
Markit purchasing managers Index showing manufacturing orders for the Eurozone- 2012-2015
07/03/2012
The Markit purchasing managers index shows the level of manaufacturing orders in the main eurozone countries, including France, Germany, Italy, Spain, Netherlands, Austria and Ireland.
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The Markit Index for manufacturing orders in Europe.
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Sluggish Economy Plagues Europe
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