Here's A Bunch Of Ugly Numbers Out Of Europe

Europe’s economy continues to be a mess.

The latest purchasing managers index (PMI) numbers continue to show contraction at an accelerating rate.

The eurozone composite PMI fell to 46.5 in March, down from 47.9 a month ago.

Any reading below 50 signals contraction.

Germany and France delivered worse numbers.  Italy and Spain had improving numbers, but they still reflected contraction.

From Markit Economics:

eurozone pmi

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