The seasonally adjusted S&P Global Eurozone PMI® Composite Output Index rose from 47.3 in October to 47.8 in November, according to the preliminary ‘flash’ reading based on approximately 85% of usual survey responses.
Indicating falling business activity levels, for five consecutive months, albeit with the latest data signalling a moderation in the rate of contraction. Flash Eurozone Services PMI Activity Index remain unchanged 48.6 in November of 2022 as in October, Flash Eurozone Manufacturing PMI increased to 47.3 in November of 2022 from 46.4 in October.
Source: S&P Global Eurozone PMI®
Post by: Republic of Türkiye Ministry of Trade