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Eurozone Services PMI Has Been Falling Gradually

Sarah Sands
Eurozone Services PMI Has Been Falling Gradually

According to a report by Markit Economics, the final Eurozone services PMI (purchasing managers’ index) showed a weaker rise in March 2018. It stood at 54.9 in March as compared to 56.2 in February 2018. The PMI figure was marginally below the preliminary market estimate of 55. It was the weakest expansion in service activity since August 2017.