Markit survey: growth in euro area economic performance slowed

The euro area composite Purchasing Managers’ Index (PMI), compiled from manufacturing and services data, fell 50.4 points from 51.9 points in August. The final value still exceeds the 50.1 points previously given and expected by analysts.

However, the service industry purchasing manager index fell below the 50-point threshold separating growth and decline, to 48.0 points in September from 50.5 points in the previous month. The final figure is more favorable than the 47.6 points previously reported and expected by analysts. (MTI)