Eurozone suffers worst PMI downturn in 3 years
Brussels - AFP
Eurozone private sector activity suffered its worst monthly slide in nearly three years in May, according to results of a closely-watched survey released on Thursday. The Purchasing Managers Index (PMI) compiled by the London-based research firm Markit fell to 45.9 points in May, down from 46.7 in April in what amounted to the fastest rate of decline since July 2009.
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