Eurozone PMI composite ticks up to 49.9, price development not enough to alter ECB’s course

Eurozone PMI Manufacturing from 46.5 to 45.7 in March, below expectation of 47.0. PMI services, on the other hand rose from 50.2 to 51.5, above expectation of 50.5 a 9-month high. PMI Composite ticked up from 49.2 to 49.9, also a 9-month high. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, highlighted the […]

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