Eurozone PMI composite hits 12-month high at 52.3, pointing to 0.3% GDP growth in Q2

In May, Eurozone’s PMI Manufacturing rose from 45.7 to 47.4, surpassing expectations of 46.6 and marking a 15-month high. PMI Services remained unchanged at 53.3, slightly below the forecast of 53.5. PMI Composite increased from 51.7 to 52.
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