Mumbai, Oct. 1 -- The HCOB Eurozone Manufacturing PMI, a measure of the overall health of eurozone factories compiled by S&P Global, slipped back into contraction in September, reversing the first improvement seen in over three years during August. Falling from 50.7 in August to 49.8, the headline index signalled a deterioration in factory operating conditions across the euro area. That said, the decline was only marginal overall.
Factory operating conditions within the eurozone worsened at the end of the third quarter, reversing August's improvement. September's contraction in the headline HCOB PMI was driven by a reduction in new order inflows and a sharper rate of job shedding.
Production volumes continued to expand, although the pace ...