23 Sep 2024
Eurozone Preliminary Manufacturing PMI eases to 44.8 in September vs. 45.6 expected
- Eurozone Manufacturing PMI declined to 44.8 in September, below the 45.6 consensus.
- Bloc’s Services PMI slips to 50.5 in September vs. 52.4 forecast.
- EUR/USD remains in the red near 1.1100 after German, Eurozone PMI data.
The Eurozone manufacturing sector contraction gathered steam while the services sector activity turned south in September, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Monday.