Eurozone May Composite PMI Final at 31.9...Exceeds Preliminary Figure

[Asia Economy Reporter Hyunwoo Lee] The final composite Purchasing Managers' Index (PMI) for May in the Eurozone (19 countries using the euro) exceeded the preliminary figure.

On the 3rd (local time), market research firm IHS Markit announced that the final composite PMI for the Eurozone in May was recorded at 31.9. This result surpasses the preliminary figure of 30.5. It is a significant increase compared to the April figure of 13.6. The final services PMI for the Eurozone in May was 30.5, higher than the preliminary figure of 28.7 and the April figure of 12.0.