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Eurozone PMI composite rose to 50.2, escaping recession but renewed contraction shouldn’t be ruled out

Eurozone PMI composite rose to 50.2, escaping recession but renewed contraction shouldn’t be ruled out
Eurozone PMI Manufacturing rose from 47.8 to 48.8 in January, above expectation of 48.1. PMI services rose from 49.8 to 50.7, above expectation of of 49.4, and back in expansion. PMI Composite rose from 49.3 to 50.2, a 7-month high. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said: “A steadying of the […] The post Eurozone PMI composite rose to 50.2, escaping recession but renewed contraction shouldn’t be ruled out appeared first on Action Forex... Read More
Posted: Jan 24 2023, 09:15
Author Name: actionforex
Views: 110813

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