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The Eurozone’s Manufacturing PMI Fell in April

The Eurozone’s Manufacturing PMI Fell in April

According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) has been falling gradually from its record high of 60.6 in December 2017. It stood at 56.2 in April compared to 56.6 in March. It meets the preliminary market expectations of 56.0 and was the weakest expansion in manufacturing activity in 13 months.