Eurozone private sector expanded strongly in May as the relaxation of the Covid-19 restrictions boosted services growth, while the expansion in manufacturing output was damped by the war in Ukraine and supply-side disruptions.
The final composite output index dropped to a four-month low of 54.8 in May from 55.8 in the previous month, survey results from S&P Global showed on Friday. The flash score was 54.9.
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by Renju Jaya
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