Eurozone PMI Contracts?



Eurozone economic activity contracted sharply in May. Flash PMI data confirms accelerating weakness across the bloc.

🔹 Composite PMI dropped to 47.5. This marks the sharpest decline since October 2023 and the second straight month below 50.

🔹 Services PMI hit a 63-month low at 46.4. New orders fell and employment weakened while input costs climbed at the fastest pace in three years.

🔹 Manufacturing PMI stayed barely positive at 51.4. Growth slowed from 52.2 as demand softened amid external pressures.

Rising prices combined with falling activity build stagflation signals. This environment typically weighs on risk assets while lifting safe-haven flows.

Friends, how do you see these PMI numbers affecting your market positioning? Share your thoughts. 📉

#TradfiTradingChallenge

$SOL $BTC $ETH
SOL-2.43%
BTC-2.37%
ETH-2.65%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
world_oneday
· 14m ago
To The Moon 🌕
Reply0
world_oneday
· 14m ago
2026 GOGOGO 👊
Reply0
discovery
· 4h ago
LFG 🔥
Reply0
discovery
· 4h ago
To The Moon 🌕
Reply0
discovery
· 4h ago
2026 GOGOGO 👊
Reply0
  • Pinned