Austria PMI falls in March

 The PMI for Austria is the first release of "final" PMIs each month.  Its importance isn't because it's a large economy: it makes up just 0.5% of the world economy, and about 2.2% of the EU economy.  It's an entrepôt economy, in a sense, a sort of "canary in the coal mine".  If Europe does well economically, so does Austria, and if Europe slumps, Austria does too.  So the fall in Austria's PMI is significant.  (As it happens, the "flash" PMI for Europe fell in March too.)