Eurozone PMI manufacturing finalized at 49.8, sinking into increasingly steep downturn

Eurozone PMI Manufacturing was finalized at 49.8 in July, down from 52.1. That’s also a 25-month low. PMI Manufacturing Output Index was finalized at 46.3, down from June’s 49.3, a 26-month low. Looking at some member states, PMI manufacturing in the Netherlands dropped to 20-month low at 54.5. Austria recovered to 2-month high at 51.7. […]

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