EMU: Flash PMI Manufacturing growth slows down more than expected in May

FXStreet (Łódź) - Preliminary Eurozone PMI Manufacturing ticked down to 52.5 in May, from 53.4 in April, Markit Economics informed on Thursday. The result is below market consensus of 53.2 points.

PMI Services climbed to 53.5 in May, from 53.1 the previous month and below forecasts of decreasing slightly to 53.1.

PMI Composite fell to 53.9 from 54, as expected.