Xinhua, London :
Eurozone manufacturing purchasing managers’ index (PMI) fell to a 14-month low of 50.3, below the earlier flash estimate of 50.5 and August’s reading of 50.7, Markit said Wednesday.
The eurozone manufacturing sector slowed closer to stagnation in September, as inflows of new orders contracted for the first time since June 2013. Input costs and selling prices were both lower than in August.
Ireland topped the national PMI league table for the seventh straight month in September, and Spain remained the second. However, the two countries’ manufacturing sector had slower expansions.
Besides, the German PMI posted a shade below the 50.0 dividing line for the first time since June 2013, said Markit. Output growth slowed to a 15-month low, while new orders fell for the first time since June last year.
