Eurozone industry is shrinking – worst for Italy

Euro-zonens inköpschefsindex för industrin är nu nere under den magiska gränsen 50.
The Euro zone's industrial purchasing director's index is now down below the magic border of 50.

The Eurozone Industry Purchasing Manager's Index (PMI) amounted to 49,8 in July, compared to 52.1 from the previous month. The preliminary figure was 49,6.

The worst hit is Italy, which is the second largest manufacturing country in the euro zone after Germany, where the industry shrunk to a PMI rate …