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MNI: EUROZONE DATA: Flash PMIs (May 2019) Preview....>

MNI, NEWS
MNI: EUROZONE DATA: Flash PMIs (May 2019) Preview - 09:00 BST
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- EZ Composite PMI - Bbg Consensus: 51.7; MNI Median: 51.7; vs Apr 51.5
- EZ Manufacturing PMI - Bbg Consensus: 48.1; MNI Median: 48.0; vs Apr 47.9
- EZ Services PMI - Bbg Consensus: 53.0; MNI Median: 53.0; vs Apr 52.8
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- The EZ Comp PMI fell 0.1pt to 51.5 in Apr, leaving it in line with Q1's avg
- Markets look for a slight acceleration in EZ private sector activity in May
- Both Man & Serv PMIs are projected to rise, but the former looks set to stay
firmly in contraction while the latter continues to indicate healthy growth
- With global growth and trade still subdued, EZ industry is continuing to
struggle, particularly in the highly open economy of Germany...
- ... where the Man PMI is anticipated to rise 0.4pt to 44.8, while the Services
PMI is expected to moderate slightly (by 0.3pt to 55.4) from Apr's 7-month high
- In France, the Man PMI is expected to remain steady at the 50-no change mark,
while the Services PMI is projected to accelerate to 50.8 from 50.5 in Apr

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