Eurozone PMI services finalized at 48.4, Southern strength versus Northern softness

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<p>Eurozone PMI Services was finalized at 48.4 in January, down slightly from December’s 48.8. PMI Composite was finalized at 47.9, up from prior month’s 47.6, a 6-month high. The data reveals a striking “north-south divide”, challenging conventional perceptions. Spain and Italy, with Composite PMIs of 51.5 and 50.7 respectively, outperform their northern peers, Germany (47.0) […]</p>
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