Hopes for a ‘Baghdad bounce’ are dashed in survey

Author (Person)
Series Title
Series Details 3.5.03, p11
Publication Date 03/05/2003
Content Type

The Reuters/NTC purchasing managers' index for manufacturing showed manufacturing activity shrinking at an accelerating rate in April 2003. Economists said the unexpectedly gloomy data would increase pressure on the European Central Bank to cut interest rates.

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