1 June 2001, 12:05 Euro Zone May manufacturing PMI 48.3 vs 49.3 in April - sources
LONDON (AFX) - The euro zone manufacturing sector purchasing
managers' index fell to a seasonally adjusted 48.3 in May from 49.3 in
April, according to market sources.
A reading above 50 indicates that the manufacturing sector is
generally expanding, while a reading below 50 suggests that it is
generally contracting.
The index is based on a questionnaire sent to purchasing executives
in over 1,500 companies.
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