Joined Nov 11, 2007
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Eurozone PMI Suffers its Worst Quarter in Three Years

“Earlier this morning, Markit published its Flash Eurozone PMI, a key indicator of economic activity.  And it was ugly.  The composite index fell to 45.9 from 46.3 in August.  This is a 39-month low.

The services sub-index was at a 38-month low of 46.0.

However, manufacturing Flash PMI climbed to 46.0, which is a 6-month high.

From Markit Chief Economist Chris Williamson:”

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