Eurozone March Manufacturing PMI at 47.3... Exceeds Preliminary Estimate
On the 3rd (local time), the Eurozone's March Manufacturing Purchasing Managers' Index (PMI) recorded 47.3.
![[Image source=EPA Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2019061410481879415_1560476898.jpg)
This exceeded the previously announced preliminary figure of 47.1. The prior figure was 48.5.
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The Manufacturing PMI is an indicator that measures the activity level of purchasing managers in the manufacturing sector. A figure above 50 indicates growth in the manufacturing sector, while below 50 signifies contraction.
This content was produced with the assistance of AI translation services.
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