Price rise hits eurozone's factory activity
May 5 , 2015
Factory activity in the eurozone grew at a slower pace after manufacturers increased their prices.
The Purchasing Managers’ Index (PMI) fell from the 10-month high of 52.2 in March to 52.0 in April. However, the figure has now been over the 50-mark for 22 months.
Austria’s PMI reflects continued stagnation of manufacturing, while debt-hit Greece has seen a sharp drop in production and new orders.