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Wednesday, October 24, 2012

Euro area flash PMI points to continued slowdown in October

Euro area flash PMI points to continued slowdown in October

Eurozone flash PMI points to deepening slowdown in the euro area.
Eurozone flash composite PMI falls from 46.1 to 45.8, a 40-month low and missing estimate. Flash manufacturing PMI falls from 46.1 to 45.3, below expectation, while services rises from 46.1 to 46.2, also below expectation.
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