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Germany IFO – Business Climate above expectations (87.4) in May: Actual (87.5)

Eurozone HCOB Services PMI below forecasts (50.3) in May: Actual (48.9)

Eurozone HCOB Services PMI below forecasts (50.3) in May: Actual (48.9)
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Eurozone Preliminary Manufacturing PMI rises to 49.4 in May vs. 49.3 expected

The Eurozone manufacturing sector remained in contraction, while services sector also followed suit in May, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Thursday.
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