Economics
European Manufacturing Slump Keeps Economy Under Pressure
- Factory PMI declined to 46.5 in July from 47.6 in June
- Survey respondents cite trade war, Brexit as concerns
Assembly line inside the Schaeffler AG factory in Schweinfurt.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
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Manufacturing in the euro area shrank for a sixth month at the start of the third quarter, dragged down by Germany’s worst slump in seven years.