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Eurozone manufacturing edges closer to stagnation
The eurozone manufacturing sector slowed closer to stagnation in September, as inflows of new orders contracted for the first time since June 2013. Input costs and selling prices were both lower than in August. The final seasonally adjusted Markit Eurozone Manufacturing PMI® fell to a 14-month low of 50.3, below the earlier flash estimate of 50.5 and August’s reading of 50.7. The average PMI reading for the third quarter as a whole (50.9) was also the lowest since the same quarter of last year. Ireland remained on top of the national PMI league table for the seventh straight month in September, despite seeing its ... (full story)