Eurozone PMI composite fell to 47.0, prolonged economic contraction

<p><img width="552" height="311" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-eu2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>Eurozone PMI Manufacturing remained unchanged at 44.2 in December, falling short of anticipated 44.5. PMI Services index also declined from 48.7 to 48.1, below expected 49.0. Consequently, PMI Composite index decreased from 47.6 to 47.0. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, provided a critical analysis of these figures. He noted, “Once […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/531915-eurozone-pmi-composite-fell-to-47-0-prolonged-economic-contraction/">Eurozone PMI composite fell to 47.0, prolonged economic contraction</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>