The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Thursday, February 21, 2013

Eurozone heading for further contraction as schism widens.

Eurozone flash manufacturing PMI slipped to 47.8 in February from 47.9 in January as the German reading hit a 12-month high of 50.1 while French factory activity continued to shrink. The data "suggests that the eurozone is on course to contract for a fourth consecutive quarter."

No comments:

Post a Comment