Eurozone manufacturing slows further in August

Jon Economy, Geopolitics

Manufacturing in the eurozone slumped in August to a 13-month low, a closely watched survey showed on Monday, in a further sign that recovery is faltering and that tensions with Russia are taking their toll.
Markit's purchasing managers' index (PMI) measure of output in the eurozone's manufacturing sectors fell to a figure of 50.7 in August, according to the final estimate.
That was still above the 50-point boom-or-bust mark and it compared with the previous flash reading of 50.8.

This post was published at France24