Eurozone manufacturers see ‘no sign of recovery’ as UK orders slow

The UK manufacturing PMI dropped to a nine-month low of 48 in November, from 49.9 in October. Photograph: Bloomberg/Getty Images

Europe’s manufacturers suffered a slump in demand last month with “no sign of a recovery”, as UK factory owners also reported a slowdown in orders.

Manufacturers across the eurozone reported a decline in demand for their goods in November, with France, Germany and Austria especially hard hit, according to the S&P Global purchasing managers’ index (PMI).