Eurozone Preliminary Manufacturing PMI rises to 48.8 in January vs. 48.5 expected

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Eurozone Preliminary Manufacturing PMI rises to 48.8 in January vs. 48.5 expected
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Eurozone Preliminary Manufacturing PMI rises to 48.8 in January vs. 48.5 expected PMI Manufacturing EconomicIndicator Eurozone EURUSD

Bloc’s Services PMI rises to 50.7 in January vs. 50.2 expected. manufacturing sector downturn eased further in January, the latest manufacturing activity survey from S&P Global research showed on Tuesday.

The Eurozone Manufacturing purchasing managers index arrived at 48.8 in January vs. 48.5 expectations and 47.8 last. The index reached a five-month top. The bloc’s Services PMI stood at 50.7 in January vs. 50.2 expected and December’s 49.8, hitting a six-month high.

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