Eurozone HCOB Manufacturing PMI meets forecasts (49.4) in May
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Eurozone PMI manufacturing finalized at 49.4, recovery progressing - Action Forex
Eurozone PMI manufacturing was finalized at 49.4 in May, up from April’s 49.0 and marking the highest level in 33 months. Production increased across all four major economies: Germany, France, Italy, and Spain, supporting economist Cyrus de la Rubia’s view that the recovery is gaining traction. De la Rubia also noted that output has now […] The post Eurozone PMI manufacturing finalized at 49.4, recovery progressing appeared first on Action Forex.
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