Economic Buzz: Eurozone PMI Composite Output Index At 54.8

3 Jun 2022 , 02:42 PM

The Eurozone economy continued to expand at a strong rate midway through the second quarter as recently-relaxed COVID-19 restrictions supported a sustained uplift in activity levels. The seasonally adjusted S&P Global Eurozone PMI Composite Output Index fell to a four-month low of 54.8 in May, down from 55.8 in April. While the headline measure was still indicative of economic growth across the euro area, it also highlighted a loss of momentum.Powered by Commodity Insights