Tue, 05 Jun 2012 17:10:20 GMT
Eurozone's PMI flop in 4 consecutive months
As the euro crisis continues to progress, the Eurozone
manufacturing as well as services output experienced a drop at the most rapid
rate during the period of three years. According to the
statistics by Markit Economics, the EC Composite PMI Output index in both
sectors maintained below 50 during the past 4 months with the last figures
being 46.7 and 46 for April and May,