Eurozone Composite PMI Falls to 48.2 in September - S&P Global By
© Reuters.
By Scott Kanowsky
-- A downturn in Eurozone business activity deepened in September, sliding to its lowest mark in 20 months, as pressure on companies from soaring inflation increased.
S&P Global's flash composite purchasing managers' index for the eurozone dropped to a reading of 48.2, down from 48.9 in August and in line with economists' estimates. A level below 50 indicates contraction.
Statement:
The content of this article does not represent the views of fxgecko website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!