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Gradual Fall in Manufacturing Activity Is a Concern for the Eurozone

Sarah Sands
Gradual Fall in Manufacturing Activity Is a Concern for the Eurozone

According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) has been falling gradually since December 2017. It was the weakest expansion in manufacturing activity since July 2017. Major member countries of the Eurozone such as Germany (EWG), France (EWQ), Spain, and Italy posted a softer rise in manufacturing activity in March 2018 as compared to February.