Eurozone downturn eases as PMI hits ten-month high

The Markit Eurozone PMI® Composite Output Index rose for the third consecutive month in January according to the flash estimate, up to a ten-month high of 48.2 from 47.2 in December, and up sharply from October’s post-crisis low of 45.7. However, while the PMI suggests that the recent downturn…

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Eurozone downturn eases as PMI hits ten-month high

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