Eurozone PMI: Economy Stays Out of Recession as Services Recover

The Eurozone economy showed further signs of stabilization in June, with the Flash Composite PMI Output Index rising from 48.5 to 49.5, its highest level in three months. While the reading remained just below the 50 threshold that separates expansion from contraction, it pointed to a significant easing in the downturn. Services activity improved notably, […]

The post Eurozone PMI: Economy Stays Out of Recession as Services Recover appeared first on ActionForex.