Italy's manufacturing sector contracted for the sixth successive month in August, although it did so at a slightly slower pace than had been the case in the previous two months. However the outlook for Q3 GDP does not look any too promising, given the back-to-back contraction we have seen in July and August. The Markit Economics Purchasing Managers Index rose to 47.1 from July's 45.3, remaining clearly below the 50 divide between growth and contraction.
August data revealed falls in...
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