Eurozone June Composite PMI Preliminary 47.5... Exceeds Expectations
[Asia Economy Reporter Ki-min Lee] The preliminary composite Purchasing Managers' Index (PMI) for the Eurozone (19 countries using the euro) in June exceeded expectations.
According to market research firm IHS Markit on the 23rd (local time), the preliminary composite PMI for the Eurozone in June was recorded at 47.5. This surpassed the Bloomberg experts' forecast of 43.0.
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Due to the impact of the spread of the novel coronavirus disease (COVID-19) in Europe, the Eurozone composite PMI hit a record low of 13.6 in April.
This content was produced with the assistance of AI translation services.
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