Eurozone flash composite PMI falls to 51.9 in October; services, and manufacturing expansion slows

What happened: The Eurozone flash composite PMI fell to 51.90 in October from 53.10 in September, a 4-month low, as both services and manufacturing expansion slowed. Key numbers: Composite PMI 51.90 in October vs 53.10 in September. Services PMI 51.7 vs 53.0, a 2-month low. Manufacturing PMI 52.4 vs 52.9. Why it matters: The readings show slower expansion across both services and manufacturing in the Euro Area, with the composite at its lowest in four months.

The Eurozone flash composite PMI fell to 51.90 in October from 53.10 in September, a 4-month low, as both services and manufacturing expansion slowed.

The readings show slower expansion across both services and manufacturing in the Euro Area, with the composite at its lowest in four months.