Eurozone PMI hits 12-month high at 52.3 in May, manufacturing PMI up to 47.4

Private sector activity in the Eurozone showed continued expansion in May, as indicated by a preliminary report from S&P Global and the Hamburg Commercial Bank (HCOB) released on Thursday. The composite Purchasing Managers’ Index (PMI) reached a 12-month high, standing at 52.3, up from 51.7 in April. Manufacturing PMI jumps to 15-month high The services […]