Economics

Factory Slump Deals Euro-Area Economy Weak Second-Quarter Start

  • Manufacturing PMI remains below 50 level for third month
  • German industry a key weak spot for Europe so far this year
Photographer: Krisztian Bocsi/Bloomberg
Lock
This article is for subscribers only.

Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.

The euro-area economy slipped at the start of the second quarter, with weakness in manufacturing spilling over into services.