Brussels, Belgium, May 22, 2025 (AFP) - Eurozone business activity contracts in May

NAMPA / AFP

2025-05-22

Business activity in the eurozone contracted for the first time in five months in May, weighed down by weakness in the services sector, a closely watched survey showed Thursday. The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global registered a figure of 49.5 compared to 50.4 in April. Any reading above 50 indicates growth, while a figure below 50 shows contraction. Since the start of the year, the survey has shown very......

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