Eurozone PMI manufacturing finalized at 42.7, manufacturing recession is here to stay

<p>Eurozone PMI Manufacturing was finalized at 42.7 in July, down from June’s 43.4, marking a 38-month low. PMI Manufacturing Output correspondingly dipped to 42.7 from 44.2, signaling another 38-month low. Among member states, Greece’s PMI Manufacturing showed a promising uptick to 53.5, a 14-month high, whereas Germany and Austria both posted a dismal 38-month low […]</p>
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