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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 6 August 2012 [View all]xchrom
(108,903 posts)17. Eurozone companies 'weak in July'
http://www.bbc.co.uk/news/business-19108592
Europe's manufacturing and service provider sectors both shrank in July, the 11th consecutive month of contraction, according to an influential survey.
The July Markit purchasing managers index (PMI) came in at 46.5 in July from 46.4 in June.
Any figure below 50 indicates a contraction.
The services sector on its own managed to rise to 47.9 in July, from 47.1 in June.
Europe's manufacturing and service provider sectors both shrank in July, the 11th consecutive month of contraction, according to an influential survey.
The July Markit purchasing managers index (PMI) came in at 46.5 in July from 46.4 in June.
Any figure below 50 indicates a contraction.
The services sector on its own managed to rise to 47.9 in July, from 47.1 in June.
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