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Euro zone business growth slowed in May but still resilient -PMI | Hellenic Shipping News Worldwide

Growth in euro zone business activity slowed this month but was still relatively strong despite a cost of living crisis putting a dent in consumer spending power and a shortage of raw materials holding back expansion in manufacturing, a preliminary survey showed. S&P Global’s flash Composite Purchasing Managers’ Index (PMI), released on Tuesday and seen ...
United Kingdom Catherine Evans Bert Colijn Susan Fenton European Central Bank European Union

Euro zone business growth got boost from reopened services in April -PMI | Hellenic Shipping News Worldwide

Business activity in the euro zone accelerated last month as the bloc’s dominant services industry took advantage of a further loosening of COVID-19 restrictions, offsetting a near-stall in manufacturing output growth, a survey showed on Wednesday. S&P Global’s final composite Purchasing Managers’ Index (PMI), seen as a good gauge of economic health, rose to 55.8 ...
Catherine Evans Chris Williamson European Central Bank Purchasing Manager Index Jonathan Cable

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