Eurozone PMI composite dropped to 13.5, ferocity of slump surpassed imaginable
<p>Eurozone PMI Manufacturing dropped to 33.6 in April, down from 44.5, a 134-month low. PMI Services dropped to 11.7, down from 26.4, a record low. PMI Composite dropped to 13.5, down from 29.7, also a record low. Chris Williamson, Chief Business Economist at IHS Markit said: “April saw unprecedented damage to the eurozone economy amid […]</p>
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