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ECONOMICS COMMENTARY
Apr 23, 2013
Eurozone suffers ongoing downturn in April as Germany sees renewed contraction
The Markit Eurozone PMI Composite Output Index was unchanged on March's reading of 46.5 in April, according to the flash estimate. The sub-50 reading indicated a drop in activity for the nineteenth time in the past 20 months, the exception being a marginal increase in January 2012.
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