Euro Crisis

Eurozone Output Continues to Decline

Germany not exempt from the rest of the monetary union's woes

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Activity in the eurozone's services and manufacturing sectors continued to fall in April, a survey has indicated, with even German output declining.

Markit's composite purchasing managers' index (PMI) for the eurozone remained at 46.5 in April, unchanged from the month before.

A reading below 50 indicates shrinking activity.