Eurozone March Composite PMI 29.7... Below Expectations
[Asia Economy Reporter Choi Saeng-hye] According to Bloomberg News on the 3rd (local time), the Eurozone (19 countries using the euro) composite Purchasing Managers' Index (PMI) for March recorded 29.7. This is below the expert forecast of 31.4.
A PMI above 50 indicates economic expansion, while below 50 indicates contraction.
Hot Picks Today
"Samsung Electronics Employee with 100 Million Won Salary Receiving 600 Million Won Bonus... Estimated Tax Revealed"
- At President Lee's Call to "Give Enough to Shock," Whistleblower Rewards Become a Real Lottery
- Lived as Family for Over 30 Years... Daughter-in-Law Cast Aside After Husband's Death
- "Is This Car Waterproof?" US Man in His 70s Makes Dramatic Escape After Driving Cybertruck Into Lake, Trusting Its Features
- Appearing in a Leather Jacket, Jensen Huang Hastily Eats $6 Noodles on the Street... Shop Instantly Becomes a Hotspot
The Eurozone services PMI was 26.4, falling short of the expert forecast of 28.2.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
