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Guardian Stockbrokers Key Economic News Monday 4 March 2019

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.

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UK manufacturing PMI dropped in February

The manufacturing PMI in the UK recorded a drop to a level of 52.00 in February, meeting market expectations. The index had recorded a revised reading of 52.60 in the previous month.

Euro-zone CPI rose as expected in February

On an annual basis, the flash consumer price index (CPI) in the Euro-zone climbed 1.50% in February, meeting market expectations. The CPI had registered a rise of 1.40% in the prior month.

Euro-zone manufacturing PMI dropped in February

The final manufacturing PMI in the Euro-zone fell to a level of 49.30 in February, compared to a reading of 50.50 in the prior month. Market expectation was for the index to fall to a level of 49.20.

German manufacturing PMI declined in February

In Germany, the final manufacturing PMI recorded a drop to a level of 47.60 in February, compared to a reading of 49.70 in the previous month. Markets were anticipating the index to drop to a level of 47.60.

US ISM manufacturing activity index fell in February

The ISM manufacturing activity index in the US eased to a level of 54.20 in February, compared to a reading of 56.60 in the prior month. Market anticipation was for the index to fall to a level of 55.70.

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