Eurozone's final services PMI declines to 53.8 in May

Market news

3 June 2015

Eurozone's final services PMI declines to 53.8 in May

Markit Economics released final services purchasing managers' index (PMI) for the Eurozone on Wednesday. Eurozone's final services purchasing managers' index (PMI) fell to 53.8 in May from 54.1 in April, down from a preliminary reading of 53.3.

The upward revision was driven by stronger than previously estimated services PMI from France.

Germany's final services PMI decreased to 53.0 in May from 54.0 in April, up from a preliminary reading of 52.9.

France's final manufacturing PMI rose to 52.8 in May from 51.4 in April, up a preliminary reading of 51.6.

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