Eurozone Composite PMI® Signals Recession Says Markit; France in Renewed Decline, German Growth Weakens, Italy and Spain Contract Further

"In what should have been expected, but somehow wasn't, Eurozone weakness is across the board except for Ireland bucking the trend for now.

Markit says Eurozone Composite PMI® Signals New Recession in Eurozone

Key Points for March

• Final Eurozone Composite Output Index: 49.1 (Flash 48.7, February 49.3)
• Final Eurozone Services Business Activity Index: 49.2 (Flash 48.7, February 48.8)
• France sees renewed decline, German growth..."

at  http://globaleconomicanalysis.blogspot.com/2012/04/eurozone-composite-pmi-signals.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

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