The latest European sector PMI data showed rising output in nine out of 20 monitored sectors in January, the same total as in November and December. Of these, all were located in manufacturing except Banks, which was ranked fifth overall. There were signs of a widespread slowdown in manufacturing output growth by sector, while in services a number of sectors registered faster declines in January. The seven segments registered weaker rates of expansion than in December: Machinery & Equipment, Chemicals, Metals & Mining, Automobiles & Auto Parts, Construction Materials, Forestry & Paper Products and Technology Equipment.