Eurozone factory growth slows in January

London

FACTORY growth across the eurozone slowed at the start of 2016 as incoming orders failed to show any meaningful increase, even though companies cut prices at the deepest rate for a year, a survey showed on Monday.

Markit's Purchasing Managers' Index will be disappointing reading for the European Central Bank, which left policy unchanged in January but hinted that more easing could be coming within months.