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It's official. Eurozone back in recession, PMI data shows
In a further blow to policymakers battling a raging debt crisis, the downturn that began in the eurozone's smaller economies has become entrenched in the core countries of Germany and France. #Numbers #manufacturing #Eurozone crisis #MARKIT
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China March services sees expansion, PMI at 53.3
China's fast-growing services sector expanded again in March as business confidence hit an 11-month high, a private sector survey of firms said on Thursday. #NewsTracker #Republic of China #Economic growth #Consumer Confidence Index #Purchasing Managers Index #MARKIT
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Eurozone back in recession? Declining PMI suggests so
Markit's Eurozone Composite Purchasing Managers Index (PMI), which gauges how thousands of companies fare each month, edged down to 49.1 in March from 49.3 in February, slipping further below the 50 mark. #Numbers #Euro #Eurozone #European Central Bank #Recessions #Purchasing Managers Index #MARKIT
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Economic TimesTemasek pays $500 mn for 10% stake in Markit: Source
SINGAPORE: Singapore state investor Temasek Holdings Pte Ltd has paid $500 million for a stake of around 10 percent stake in financial data provider Markit Group, a person familiar with the transaction said. Markit said in a statement late Tuesday that t #Singapore #Temasek Holdings
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United Press InternationalU.S. manufacturing index slips in May
NEW YORK, May 23 (UPI) -- The pace of U.S. manufacturing growth in May slowed marginally from April, Markit Economics data released Tuesday indicates. It was the second consecutive month in which the pace of growth slowed, the research firm said. Markit, #
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49 News TopekaWhat does a Chinese "recession" look like?
USA TODAY - Manufacturing in China contracted this month, according to the HSBC purchasing managers' index (PMI), a preliminary reading of manufacturing activity. The figure came in at 49.6. Any number below 50 means activity is shrinking. At about the s #China #HSBC #European Union