Breaking Down the Latest Eurozone PMI: S&P’s Final Report and Forecasts for October 2022
Is the Euro Zone Headed for a Recession? In recent news, it has been reported that the Eurozone may not be able to avoid a recession as the downturn deepens. The Eurozone S&P Service Final PMI for last month was 48.8, slightly below the forecast of 48.9 and the previous figure of 48.9. This steepening…