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Eurozone manufacturing PMI slumps to 13-month low in August

LONDON (ICIS)--August manufacturing sector output growth for the eurozone was found to have slumped to its lowest level since July 2013 in finalised data released on Monday by analyst Markit.

The region’s purchasing managers’ index (PMI) level for industrial growth fell to 50.7, down from earlier estimates of 50.8 for the month, and from 51.8 in July, as rates of new orders and export business continued to slow.

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