Eurozone PMI manufacturing dropped from 49.6 to 48.5 in September, a 27-month low. PMI services dropped form 49.8 to 48.9, a 19-month low. PMI composite dropped from 48.9 to 48.2, a 20-month low. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said: “A eurozone recession is on the cards as companies report worsening […]
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