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Eurozone May flash services PMI 55.9 vs 55.6 expected
Prior 56.2Manufacturing PMI 44.6 vs 46.0 expectedPrior 45.8Composite PMI 53.3 vs 53.5 expectedPrior 54.1The contrast between the services and manufacturing readings were already outlined earlier by the French and German reports. Despite the divergence in fortunes, the overall performance still points to modest growth in May in the euro area but there are signs that the economic expansion is easing. HCOB notes that: This article was written by Justin Low at www.forexlive.com...
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Posted: May 23 2023, 08:00
Author Name: forexlive
Views: 081571