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Eurozone June final services PMI 52.0 vs 52.4 prelim

Eurozone June final services PMI 52.0 vs 52.4 prelim
Prior 55.1Composite PMI 49.9 vs 50.3 prelimPrior 52.8The lower revision sees the euro area services sector growth fall to a five-month low and that is dragging overall economic conditions to a standstill in June. HCOB notes that:“In the services sector, which after a weak final quarter of 2022 had picked up speed at the beginning of the year, all major euro countries have again lost considerable momentum. The slowdown in business activity growth was accompanied by a weaker rise in new business,... Read More
Posted: Jul 5 2023, 08:01
Author Name: forexlive
Views: 092178

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