Drop in September 2012 EuroZone manufacturing points to new recession, Germany and France hit-Reuters

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10/1/12, "Euro zone Sept factory data flags "new recession": PMI," Reuters


"Euro zone manufacturing put in its worst performance in the three months to September since the depths of the Great Recession, with factories hit by falling demand despite cutting prices, a business survey showed on Monday -- pointing to a new recession.

Factories helped lift the 17-nation bloc out of its last recession but the survey suggests a downturn that began in smaller periphery countries has taken root in core members Germany and France."...

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