1 March 2001, 12:14 Euro zone Feb manufacturing PMI 52.3 vs 52.9 in Jan
LONDON (AFX) - The euro zone manufacturing sector purchasing
managers' index fell to a seasonally adjusted 52.3 in February from
52.9 in January, according to market sources.
The prices index fell to 55.8 in February from 59.0 the previous
month.
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 2,000 companies.
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