Weekly Focus – European Industry Grows for the First Time in Three Years

This week’s main data highlights were the PMI reports for August. In the euro area, the report showed the manufacturing sector recording growth for the first time since June 2022. The manufacturing PMI crossed the 50-mark in a larger-than-expected rise to 50.5 from 49.8, defying expectations of a decline to 49.5. The rise was due […]

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