Oops, Eurozone’s October Flash Services PMI Falls Short of Expectations – But Hey, Who’s Perfect?!
What Just Happened in the Euro Area Economy? Let’s Break It Down Prior 48.8, Manufacturing PMI 46.6 vs 47.8 expected, Prior 48.4, Composite PMI 47.1 vs 47.5 expected, Prior 48.1 So, the latest data is in and it’s not looking too great for the Euro area economy. The numbers show a deeper contraction in October,…