Pantheon Macroeconomics - Yesterday's PMI data in the euro area were a horror show. The composite EZ index cratered to 13.5 in April, from 29.7 in March, dragged down by a collapse in the services index to 11.7, from 26.4 last month.

Eurozone | 24 Apr 2020 The EZ Economy Fell Flat on its Face in April, Now What?
Yesterday's PMI data in the euro area were a horror show. The composite EZ index cratered to 13.5 in April, from 29.7 in March, dragged down by a collapse in the services index to 11.7, from 26.4 last month.

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24 Apr 2020 The EZ Economy Fell Flat on its Face in April, Now What?

By Claus Vistesen

Yesterday's PMI data in the euro area were a horror show. The composite EZ index cratered to 13.5 in April, from 29.7 in March, dragged down by a collapse in the services index to 11.7, from 26.4 last month.

Posted: 24th Apr 2020 in 'Eurozone'

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