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Eurozone Manufacturing Activity Shrinks In January

The euro area manufacturing activity shrank at a slower pace in January as production returned to growth, final survey results from S&P Global showed on Monday.

The final HCOB manufacturing Purchasing Managers' Index rose to 49.5 in January from a nine-month low of 48.8 in December. The flash reading was 49.4.

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by Renju Jaya

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