Eurozone PMI Services was finalized at 48.8 in December, up slightly from November’s 48.7, a 5-month high. PMI Composite was finalized at 47.6, unchanged from prior month’s reading, indicating continued contraction in the broader economy. A country-by-country analysis of Composite PMI reveals varying performances. Ireland, with PMI of 51.5, experienced a two-month low, while Spain, […]
The post Eurozone PMI services finalized at 48.8, not quite recession yet, but hardly growth oriented appeared first on Action Forex.
