Euro zone recovery unexpectedly gathering pace in April – PMI
The euro zone economic recovery has unexpectedly gathered pace this month as the bloc’s dominant services industry saw already buoyant demand rise, more than offsetting a deepening downturn in manufacturing, surveys showed. HCOB’s flash Composite Purchasing Managers’ Index (PMI), compiled by S&P Global and seen as a good gauge of overall economic health, jumped to … Continue reading Euro zone recovery unexpectedly gathering pace in April – PMI
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