Eurozone PMI Signals Rising Q2 GDP Contraction Risk as War Shock Hits Growth

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Eurozone growth is losing momentum rapidly, with March PMI data pointing to rising risks of GDP contraction in the second quarter as the Middle East war feeds through the economy. PMI Services was finalized at 50.2 in March, down from February’s 51.9, a 10-month low. PMI Composite slipped from 51.9 to 50.7, a 9-month low. […]The post Eurozone PMI Signals Rising Q2 GDP Contraction Risk as War Shock Hits Growth appeared first on ActionForex.