Euro Area Economy Slows

Euro area economic activity weakened in May The composite PMI fell to 48.5 from 48.8 in April. Services PMI remained a drag, at 47.7. France saw its services PMI fall to 44.3, the lowest in recent months.

Euro area economic activity weakened in May

The composite PMI fell to 48.5 from 48.8 in April.

Services PMI remained a drag, at 47.7.

France saw its services PMI fall to 44.3, the lowest in recent months.

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