NEW YORK: Eurozone factories did slightly better in April, with output not losing as much momentum as initially thought but growth in activity remaining weak despite the second-deepest price-cutting since early 2010, a survey showed on Monday. The surveys paint a mixed picture of the wider economy. Manufacturing growth was strong in Italy and Spain last month and Germany showed signs of reviving, but activity in France contracted at the steepest rate in a year. Markit´s manufacturing PMI for the Eurozone rose to just 51.7 from March´s 51.6, slightly better than an earlier flash estimate of 51.5.
