Eurozone's manufacturing shrinks more than expected

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Source: Forexpros
Activity in the Eurozone's manufacturing sector shrank more than expected in August. The final PMI came in at 45.1, up from 44.0 in the preceding month. Any reading below 50 signals a contraction in manufacturing activity. PMI in the Europe's biggest economy was also revised lower from 45.1 to 44.7, according to Markit. Factories in Germany and France saw activity fall for the sixth in a row.
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Mon, 03 Sep 2012 12:52:25 GMT

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Mon, 03 Sep 2012 08:53:25 GMT

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