Pantheon Macroeconomics - The preliminary April PMIs due today will provide the first economic sentiment data for Q2, and likely will point to a continuation of the cyclical recovery. We think the composite PMI was unchanged at 54.0 in April, driven by a small gain in manufacturing offset by a slight decline in services.

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23 Apr. 2015 Cyclical recovery in the Eurozone will likely moderate in Q2, slightly

By Claus Vistesen

The preliminary April PMIs due today will provide the first economic sentiment data for Q2, and likely will point to a continuation of the cyclical recovery. We think the composite PMI was unchanged at 54.0 in April, driven by a small gain in manufacturing offset by a slight decline in services.

Posted: 23rd Apr 2015 in 'Eurozone Documents'

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