Eurozone manufacturing showed mild signs of stabilization in October, with PMI Manufacturing index finalizing at 46.0, up from September’s 45.0. This marks a slight improvement, but activity remains firmly in contraction. By country, Spain led the group with a PMI Manufacturing of 54.5, a 32-month high, followed by Ireland at 51.5 and Greece at 51.2. […]

The post Eurozone PMI manufacturing finalized at 46 in Oct, intense competition pressures margins appeared first on Action Forex.