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FRANKFURT (MarketWatch) -- A final September purchasing managers index reading released Wednesday confirmed a contraction in private-sector activity across the euro zone.
Markit said its composite PMI for the 17-nation region came in at 49.1, down from 50.7 in August and broadly in line with a preliminary reading of 49.2. A reading of less than 50 indicates a contraction in activity, while a reading of more than 50 signals growth.