Financial Times FT.com

Manufacturers lead European share sell-off

By Rachel Morarjee

Published: December 1 2008 10:58 | Last updated: December 1 2008 20:53

European equities fell on Monday as the spectre of weakening demand came back into focus after manufacturing data from the eurozone and UK pointed to a deep recession.

Manufacturing activity in October, as measured by Europe’s purchasing managers, fell to its lowest level since the survey began in 1997.

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