Eurozone Manufacturing Shrinks the Most since Mid-2013
The IHS Markit Eurozone Manufacturing PMI fell to 47.6 in March from 49.3 February and below market consensus of 49.5. Output shrank the most in six years, export orders fell the most since August 2012 and employment rose the least for over four years. Across countries, German manufacturing fell at the sharpest rate in six years and French factory activity fell back into contraction territory.