Euro Zone PMI signals expansion for the first time in four months

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Source: Forexpros
Primary reading indicated that the Markit Eurozone PMI Composite Output Index rose to 50.4 in January from 48.3 in the preceding month. Manufacturing PMI expanded to 48.7 while analysts predicted the indicator to rise to 47.8. Services sector posted the largest gains, advancing to 50.5 in January from 48.8 in the preceding month.

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Tue, 24 Jan 2012 14:36:59 GMT

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