Eurozone advance composite PMI falls to 50.1 from 50.9 in March, pointing to near-stagnant economy

Private sector economic activity in the euro area increased slightly in April, with the stability of purchases in the manufacturing sector offsetting a decline in services, according to the PMI Flash index published on Wednesday by S&P Global. The post Eurozone: almost zero growth in economic activity in April appeared first on LesEco.ma.

Eurozone advance composite PMI falls to 50.1 from 50.9 in March, pointing to near-stagnant economy

The Corner Singular Bank: April’s preliminary reading of the Eurozone manufacturing purchasing managers’ index showed a slight gain of 0.1 points to 48.7 points (versus 48.6 points in March), the highest in 27 months and above analysts’ consensus estimates (47.4 points). On the other hand, the preliminary services PMI has decreased 1.3 points with respect to March to 49.7 points. Thus, the preliminary reading of the Euro zone composite PMI in Ap…