Eurozone manufacturing PMI falls for third consecutive month on growth slowdown

The purchasing managers’ index (PMI) for the Eurozone manufacturing sector fell to an eight-month low due to a slowdown in growth across all nations, according to data organization IHS Markit on Tuesday April 3.

The final rating for March stood at 56.6, down from 58.6 in February, after the sector experienced its third month of consecutive drops since a record high of 60.6 in December 2017.
Anything above 50 indicates that the manufacturing economy is expanding, while a reading below 50 indicates a contraction.

Rates of expansion eased across all the surveyed nations and...

Published

Carrie Bone

April 03, 2018

17:22 GMT

London