Eurozone PMI composite fell to 33-mth low, services downturn mirroring manufacturing

<p>Eurozone PMI Manufacturing rose from 42.7 to 43.7 in August, above expectation of 42.8. However, the services sector took a hit, with its PMI descending to a 30-month low of 48.3 – the first contraction witnessed since December. Consequently, the Composite PMI declined to 47.0, its lowest in 33 months, and, excluding pandemic months, since […]</p>
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