External broker reports(aggregated public sources), ABN AMRO

ABN AMRO

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The eurozone composite PMI for February came in somewhat higher than the consensus forecast, but close to our own expectation (at 48.9, up from 47.9 in January).</li><li>The rise in the composite PMI was entirely due to an increase in the services PMI (to 50.0, up from 48.4), with the manufacturing PMI declining (to 46.1, from 46.6).</li><li>The details of the report show that the decline in the manufacturing PMI partly was due to shortening of suppliers’ delivery times after the Red Sea related disruptions in January. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The eurozone composite PMI for February came in somewhat higher than the consensus forecast, but close to our own expectation (at 48.9, up from 47.9 in January).The rise in the composite PMI was entirely due to an increase in the services PMI (to 50.0, up from 48.4), with the manufacturing PMI declining (to 46.1, from 46.6).The details of the report show that the decline in the manufacturing PMI partly was due to shortening of suppliers’ delivery times after the Red Sea related disruptions in January. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

ユーロ圏PMIは、産業の継続的な縮小を示唆する一方、サービス活動は安定化している