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24th Sep 2015 06:20Eurozone, Economic Monitor

PMI data yesterday provided some relief to anxious investors, despite a modest drop in the headline. The composite PMI in the Eurozone fell to 53.9 in September from 54.3 in August, driven by slight falls in both manufacturing and services. Assuming no major changes to the advance September reading--usually a fair bet--the PMI rose marginally in Q3, pointing to a continuation of the cyclical recovery.

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Keywords for: 24 Sept. 2015 PMIs Point to Stable and Strong Eurozone GDP Growth in Q3

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