Euro-zone downturn extends into sixteenth month, rate of decline eases

The downturn in the Eurozone manufacturing sector eased in November, as the rates of contraction in output, new orders and employment all slowed. At 46.2, up from 45.4 in October, the seasonally adjusted Markit Final Eurozone Manufacturing PMI® rose to an eight-month month high and was unchang…

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Euro-zone downturn extends into sixteenth month, rate of decline eases