Deepening slowdown in the euro zone this month

Intensified economic slowdown in the euro zone this month, with the decline in key economic indicator released to the lowest level in two months

 
Economic research group said, "Markit" at its headquarters in London, said its index of purchasing managers for the manufacturing and services sectors in the euro zone fell to 3.47 points this month, compared with 6.48 points in January.

This led to the index fell away from the main level of 50 points, which reflects economic growth, analysts had expected the index to rise to 49 points