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Eurozone flash April services PMI 56.6 vs 54.5 expected

Prior 55.0Manufacturing PMI 45.5 vs 48.0 expectedPrior 47.3Composite PMI 54.4 vs 53.7 expectedPrior 53.7The contrast between the manufacturing and services prints was already highlighted by the French and German reports earlier. Looking at things as a whole though, this continues to point to the euro area economy holding up fairly better than anticipated in recent months. As such, that should allow the ECB to push forward with tighter policy if need be even if money supply growth is slowing. HCO... Read More

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Content Topics

Eurozone

Flash

April

Services

56

54 Expected

Forex

Posted: Apr 21 2023, 08:00

Author Name: forexlive

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