Eurozone manufacturing PMI comes in at a final 44.0 for July, vs. the flash estimate of 44.1 and...

|By:, SA News Editor

Eurozone manufacturing PMI comes in at a final 44.0 for July, vs. the flash estimate of 44.1 and down from 45.1 in June. "Output fell at the fastest rate since mid-2009... Manufacturing therefore looks to be on course to act as a major drag on economic growth in the third quarter, as the Eurozone faces a deepening slide back into recession." (PR .pdf)