Eurozone manufacturing growth eased to a one-year low in February, final data from Markit showed Tuesday.
The final manufacturing Purchasing Managers’ Index fell to 51.2 in February, a 12-month low, from 52.3 in January. It was slightly above the flash estimate of 51.
The PMI has remained above the neutral 50.0 mark for 32 successive months.
“With factory output in the eurozone showing the smallest rise for a year in February, concerns are growing that the region is facing yet another year of sluggish growth in 2016, or even another downturn,” Chris Williamson, chief economist at Markit, said.
Germany’s PMI reached a 15-month low in February. The final Markit/BME PMI dropped to 50.5 from 52.3 in January. The flash score was 50.2.
Meanwhile, the final French PMI rose to 50.2 from 50 in January. But the reading was slightly below the flash score of 50.3.
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