Eurozone’s PMI composite climbs to 47.9, price data echo ECB hawks’ caution

<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 rose from 44.4 to 46.6 in January, a 10-month high. However, PMI services fell from 48.8 to 48.4. PMI Composite rose from 47.6 to 47.9, a 6-month high. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, noted that Eurozone’s manufacturing sector is experiencing a “widespread easing of the downward trajectory […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/536663-eurozones-pmi-composite-climbs-to-47-9-price-data-echo-ecb-hawks-caution/">Eurozone’s PMI composite climbs to 47.9, price data echo ECB hawks’ caution</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>