RSS Eurozone PMI improves to 49.5 with potential positive surprises from politics ahead

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 RSS Eurozone PMI improves to 49.5 with potential positive surprises from politics ahead

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Eurozone PMI Services rose notably from 49.5 to 51.4, marking a return to expansion territory. However, PMI Manufacturing remained static at 45.2, firmly in contraction. Consequently, PMI Composite edged up from 48.3 to 49.5, signaling ongoing weakness in overall economic momentum. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, noted that the service […]

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