Prior 51.6Manufacturing PMI 45.2 vs 46.0 expectedPrior 46.0Composite PMI 48.1 vs 50.0 expectedPrior 50.0The stark drop here is largely attributed to the decline in the services sector, in which activity fell to a 10-month low. However, manufacturing conditions also struggled with the contraction deepening amid a further decline in production on the month. As a whole, it's pretty much a case of France and Germany being the main drags while the periphery nations are faring much better. That being said, it is after all France and Germany - two of the biggest slices of the cake in the Eurozone. HCOB notes that:“Things could hardly have turned out much worse. The eurozone's manufacturing sector i
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