#economy

S&P Global #Eurozone #PMIs for February are bit lower than initial estimates but well above contraction zone for a second month in a row suggesting that the #monetaryunion could avoid #recession.

Solid data, including for future #output, strengthens expectations of further #ECB's hikes that could cool the activity in second half of the year.

https://grabancijas.com/u-veljaci-bodro-propinjanje-poslovnih-aktivnosti-u-usluznom-sektoru-eurozone-pmi/