Eurozone downturn eases to slowest in three months in May

The downturn in the eurozone economy eased for the second month running in May. Rates of decline eased for both manufacturing production and service sector business activity, reaching 15- and three-month lows respectively. At 47.7, the final Markit Eurozone PMI® Composite Output Index was in l…

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Eurozone downturn eases to slowest in three months in May