The manufacturing and service
industry's slowdown in the eurozone was stronger than
anticipated during the month of August.
The Purchasing Managers Index (Pmi) calculated by
London-based Markit Economics fell to 52.8 points from 53.8
points in July, defying expectations of a more moderate slump.
In particular, the manufacturing Pmi went down to 50.8
points from 51.8 points the previous, while the services' index
decreased in August to 53.5 points from 54.2 the month before.
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