Spain's March PMI falls to 44.5 from 45.0 previously, inline with expectations. It's the 11th...

|By:, SA News Editor
Spain's March PMI falls to 44.5 from 45.0 previously, inline with expectations. It's the 11th consecutive decline in the index. The price squeeze makes it even worse as input costs continued to gain while output prices fell for the 8th consecutive month. PM Rajoy: "The alternative to austerity for Spain is even worse." Madrid -1.3%.