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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