RSS Eurozone PMI manufacturing finalized at 45.1, Spain outshines peers with low China exposure

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 RSS Eurozone PMI manufacturing finalized at 45.1, Spain outshines peers with low China exposure

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Eurozone PMI Manufacturing was finalized at 45.1 in December, down from November’s 45.2, marking the sector’s 30th consecutive month of contraction. Key indicators, including new orders and inventory levels, signaled ongoing struggles across the bloc. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, emphasized the continued downturn: “New orders have dropped even more […]

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