In line with the continued easing of global coronavirus disease (COVID-19) restrictions on economic activity, the severe downturn in the eurozone manufacturing economy continued to ease in June. The seasonally adjusted IHS Markit Eurozone Manufacturing PMI® strengthened to a four-month high of 47.4, up from 39.4 in May and an improvement on the earlier flash reading. Posting an increase of eight points since May, the PMI recovered further from April’s nadir. Nonetheless, the headline index has now recorded below 50.0 for 17 successive months and remains consistent with the sector facing challenging operating ... (full story)