
Macro - Weekly Briefings - Eurozone
Description
Macro - Weekly Briefings - Eurozone
This week's surveys show that the industrial sector remains a particular area of weakness for the eurozone. The final manufacturing PMI for June was confirmed at its lowest reading since early 2020. Waning demand, amid rapidly shrinking backlogs and destocking, remains the main factor behind the poor reading despite an improvement in supply bottlenecks.
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