February was worst month for eurozone businesses in over a year

London

EUROZONE businesses had their worst month in over a year in February which, coupled with further signs of deflationary pressures, is likely to solidify expectations for further monetary policy easing, a survey found.

Markit's final Composite Purchasing Managers' Index (CPI), published on Thursday and seen as a good guide to growth, fell to 53 last month from January's 53.6, its lowest reading since the start of 2015. That was ahead of the preliminary r…