Germany’s May flash manufacturing PMI registered at 48.8, just shy of the anticipated 48.9, highlighting a persistent contraction in the sector. This data underscores the ongoing hurdles faced amid economic uncertainties, suggesting that policymakers may need to consider adjustments to navigate these challenges effectively
Italy’s service sector growth waned in March, according to the latest PMI data released by Reuters. The index fell, reflecting sluggish demand and rising costs, raising concerns over the resilience of the economy amid ongoing challenges.
India’s factory activity growth has fallen to a 14-month low in February, reflecting a significant slowdown in demand. According to a recent report by Reuters India, this decline raises concerns about the country’s economic momentum amid global uncertainties.
Italy’s manufacturing PMI for February came in at 47.4, exceeding expectations of 46.8, indicating a slight improvement in economic activity. Despite remaining below the critical 50 threshold, this uptick suggests resilience in the sector amidst ongoing challenges.
