Eurozone Manufacturing PMI Hits A 6-Month High

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According to Markit Economics, the eurozone purchasing manager’s index climbed to 49.0 in February from 48.8 in January.  This was right in line with economists’ estimates.The figure is at a 6-month high.

However, any reading below 50 signals contraction in the sector.

Here’s a breakdown of country-specific readings:

Spain: 45.0 vs 45.1 in Jan

Germany: 50.2 vs 51.0 in Jan

France: 50.0 vs 48.5 in Jan

Italy: 47.8 vs 46.8 in Jan

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