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Eurozone Preliminary Manufacturing PMI beats estimates with 63.3 in April

  • Eurozone Manufacturing PMI arrives at 63.3 in Apr vs. 62.0 expected.
  • Bloc’s Services PMI expands to 50.3 in Apr vs. 49.1 expected.

The  Eurozone  manufacturing sector activity improved much beyond expectations in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Friday.

The Eurozone Manufacturing purchasing managers index (PMI) improved from 62.5 in March to 63.3 in April and beat 62.0 expectations by a big margin.  

 

more to come …

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