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Euro Zone Manufacturing Contracts Again

Description:The euro zone's manufacturing sector shrank in March for the eighth month, and at a faster pace. Data from Markit's Eurozone Manufacturing Purchasing Managers' Index adds to signs the bloc is in recession. The downturn also spread to the powerhouses France and Germany last month. Peripheral countries have been struggling with a slowdown for some time. (1:49)

Source: Reuters

Tags: Eurozone Manufacturing Contracts Again , europe manufacturing , European economy , eurozone manufacturing