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Eurozone Preliminary Manufacturing PMI Beats Estimates 58.5 in October

Adel 22 October, 2021 1:39 pm Forex Market, Market Update

The Eurozone manufacturing sector activity improved in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Friday. The Eurozone Manufacturing purchasing managers index (PMI) arrived at 58.5 in October vs. 57.0 expectations and 58.6 prior. The index hit eight-month lows.

The bloc’s Services PMI dropped to six-month lows of 54.7 in October vs. 55.5 expected and 56.4 previous.

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