Eurozone Purchase Manager Index Falls Again, More Than Expected

The Purchase Manager Index has fallen at a high rate for the sixth consecutive month in the Eurozone, the 20 countries that use the euro as their common currency. The manufacturing PMI index, compiled by S&P Global, fell to 45.2 points from the 46 points recorded in October (a number above 50 indicates upswing, below 50 is a downturn).