Brussels (AFP) – The eurozone’s manufacturing sector reported lacklustre activity in September, set back by a fall in production by powerhouse Germany, a survey showed on Wednesday, adding to clouds over the single currency zone.The latest survey of leading indicators from manufacturing industries in the eurozone, the purchasing managers’ index (PMI), gave a reading of 50.3 points, down from 50.7 points in August and the lowest for 14 months.The survey, by the Markit analysis group, is closely watched as a reliable indicator of future performance of manufacturing activity, and the new figures are likely to raise pressure on the European …read more
Source: Business Insider
