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Private sector activity in the Eurozone grew at the fastest pace in a year in May. Germany’s services and manufacturing sectors exceeded expectations, while France’s services sector slowed.
Private sector activity in the Eurozone shows promising growth in May, driven by strong expansion in the services sector and a reduced contraction in the manufacturing sector.
The services sector continued to expand this month, with the latest HCOB flash Services PMI survey, compiled by S&P Global, registering at 53.3. This…