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Economic Buzz: Eurozone Manufacturing PMI At Six Month Low
21-Jun-2024 17:02
The preliminary estimates for the HCOB Eurozone manufacturing purchasing managers? index (PMI) figure for June came in at 45.6, according to S&P Global. This was a six-month low, as well as quite a drop from May?s 47.3. However, this number is still being under 50, and the Eurozone manufacturing sector is still contracting. June was the 15th month in a row of contraction, mainly due to new orders, employment and export figures lagging.

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