Markit's Chris Williamson on eurozone PMI: The region is "extending what appears to be a...

|By:, SA News Editor

Markit's Chris Williamson on eurozone PMI: The region is "extending what appears to be a double-dip recession into a third consecutive quarter... Germany saw growth weaken to near-stagnation, while France saw a worryingly steep downturn... The rate of decline also regained momentum in the periphery, which will inevitably raise concerns about the impact of deficit-fighting austerity measures.”