ECONOMICS COMMENTARY
Jan 04, 2013
Eurozone downturn eases at the end of 2012. Germany returns to growth, but recessions continue in France, Italy and Spain
The Eurozone downturn eased further at the end of 2012, as rates of contraction in economic output and new business slowed. At a nine-month high of 47.2 in December, the Markit Eurozone PMI Composite Output Index was nonetheless weaker than the earlier flash estimate and below the 50.0 no-change mark for the eleventh successive month.
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