EMU: PMI Composite falls slightly in February

Eurozone PMI Composite contraction accelerated, by falling to 47.9 points in February, from 48.6 points in January, according to data released today by Markit. Analysts expected a slightly sharper decline to 47.3.

Eurozone PMI Services dropped to 47.9 in February from 48.6 registered the previous month but above consensus of 47.3.