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It's always possible to say that any one economic statistic is the product of some special and local circumstance. It often is too, but we need to guard against the complacency of always thinking that it is. When we see the same thing happening across an entire set of economies, we really should at least consider that it's some larger and common cause, not simply a series of coincident local ones.
I would say that this is what is happening in the eurozone manufacturing scene at present. It's entirely true that