London - Upi
Manufacturing activity in Europe slowed in November, hitting a 28-month low in the eurozone, research firm Markit Economics said Thursday. The Purchasing Managers Index for the eurozone dropped to 46.4 in November from October\'s 47.1. Numbers above 50 indicate business growth and numbers below show a contraction. The index for France and the Netherlands hit 29-month lows at 47.3 and 46, respectively. For Germany and Austria, the index hit 28-month lows at 47.9 and 47.6, respectively. The index for Italy and Greece hit two-month highs at 44 and 40.9, respectively.