Eurozone April flash services PMI 52.9 vs 51.8 expected ...Middle East

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Eurozone April flash services PMI 52.9 vs 51.8 expected
Prior 51.5Manufacturing PMI 45.6 vs 46.6 expectedPrior 46.1Composite PMI 51.4 vs 50.7 expectedPrior 50.3The services print is a 11-month high while the manufacturing print is a 4-month low. But at the balance, the Eurozone economy is seen expanding at its quickest pace in nearly a year in April. While economic conditions are at least improving, price pressures are seen intensifying slightly on the month. HCOB notes that:“The eurozone got off to a good start in the second quarter. The Composite HCOB Flash PMI took a significant step into expansionary territory. This was propelled by the services sector, where activity has gathered further steam. Considering various factors including the HCOB

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