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  • Eurozone Manufacturing PMI arrives 39.5 in May vs. 38.0 expected.
  • Bloc’s Services PMI stands at 28.7 in May vs. 25.0 expected.

The Eurozone manufacturing sector attempted recovery from the sharpest deterioration on record this month, the latest manufacturing activity survey from IHS/Markit research showed on Thursday.

The Eurozone manufacturing purchasing managers index (PMI) rebounded from an all-time low of 33.4 in April to 39.5 in May and missed 38.0 expectations while the Services PMI jumped off a record low of 12.0 reported in April to 28.7 in May vs. 25.0 expected.

The IHS Markit Eurozone PMI Composite arrived at 30.5 in May vs. 24.0 expected and 13.6 last (record low).


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