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- Eurozone Composite PMI rose from 54.1 in May to 54.8 in June - Markit
Eurozone Composite PMI rose from 54.1 in May to 54.8 in June - Markit
The IHS Markit Eurozone Composite PMI rose from 54.1 in May to 54.8 in June, according to the flash reading (which is based on approximately 85% of usual replies). While an improvement on the 18- month low seen in May, the June reading represented the second-weakest expansion seen over the past 17 months, highlighting how the pace of business activity growth has eased since the turn of the year. At 54.7, the second quarter average PMI reading is the weakest since the end of 2016.
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