Eurozone PMI composite finalized at 50.2, growing at snail’s pace

Eurozone PMI Services was finalized at 51.9 in July, down from June’s 52.8, a 4-month low. PMI Composite was finalized at 50.2, down from June’s 50.9, a 5-month low. These figures indicate a slowing economy as the services sector loses momentum and the industrial sector continues its decline. Cyrus de la Rubia, Chief Economist at […]

The post Eurozone PMI composite finalized at 50.2, growing at snail’s pace appeared first on Action Forex.