Eurozone PMI remains at 50.2, showing stagnation with increased downside risks from Middle East conflict

From Investing.com: 2025-06-23 05:15:00

The eurozone’s PMI for June remained at 50.2, signaling a stagnating economy with concerns about growth due to escalating tensions in the Middle East. Manufacturing output continued to expand at a slower pace of 51, while the service sector remains weak. The impact of Iran’s response to US strikes could further negatively affect the eurozone economy, along with increasing energy prices dampening consumer and business confidence. Overall, the outlook for the second quarter is subdued, with more downside risks expected in the short term.



Read more at Investing.com: Eurozone PMI Stagnates With Middle East Conflict Adding to Downside Risk