The flash reading of the eurozone manufacturing purchasing managers index rose to a 3-month high of 46.6 in November, up from 45.9 in October.
The PMI was slightly above the FactSet-compiled economist consensus for a 46.4 consensus, but below the 50 level, indicating purchasing managers were reporting contractionary conditions.
The flash services PMI meanwhile fell to a 10-month low of 51.5 in November from 52.2, which was below economist expectations for a 52.4 reading. The flash estimate is typically based on approximately 85% of the final number of replies received each month.
Source: Marketwatch
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