Manufacturing in Eurozone slumped surprisingly

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The manufacturing sector in the Eurozone remains weak, despite the overall economic recovery in the region. According to the data, the output in July lost 1.5% on a monthly basis, while analysts predicted a drop of 0.3%, five times slower. The annual production slashed 2.1%. The economy of the Eurozone returned to growth of 0.3% in Q2, while in the Q3 economists are waiting only for 0.1% GDP advance.
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