International Economic

Weakened service sector weighs on Eurozone economy - PMI

By Abigail Townsend

Date: Thursday 22 May 2025

(Sharecast News) - The Eurozone economy slipped into contraction in May, a closely-watched survey showed on Thursday, weighed down by a surprise slowdown in the service sector.
According to provisional estimates, the HCOB Eurozone composite PMI output index, which is compiled by S&P Global, fell into negative territory for the first...

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