• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Eurozone Output Falls to Four-Month Low as Post-Lockdown Recovery Fades

June 4, 2022 by Forex Winner Leave a Comment

Eurozone Output Falls to Four-Month Low as Post-Lockdown Recovery Fades

Source: S&P Global

Output in the eurozone declined to the lowest level in four months in May, as it was held back by the weak expansion of the services sector. EZU is down 0.95%, while VGK is down 1.05%.

  • The Final Eurozone Composite Output Index stood at 54.8 in May, down from 55.8 in April. This is the slowest growth since January.
  • The Final Eurozone Services Business Activity index fell to 56.1 from the 57.7 recorded in the previous month.
  • The slower growth indicated that the post-lockdown rebound has started to lose steam.
  • The slowdowns were generally seen across most countries during the month, except for Spain, which reported the same growth rate in April.
  • Business receipts of the private sector slowed to a four-month low as new orders and foreign client demand declined.
  • Business confidence hovered around the weakest levels recorded since mid-2020, with concerns over Ukraine, inflation, and supply issues.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Singapore Blank-Check Company to Acquire Taiwan Social-Entertainment Platform

October 2, 2023

High Blood Pressure in Seniors: A Balancing Act

September 30, 2023

Auto Strikes Cause Stock Market Struggles

September 29, 2023

Footer

Forex Broker Reviews

Vantage FX

Vantage FX Review

August 15, 2019 By Forex Winner

Fidelity Review

November 19, 2019 By Forex Winner

nadex

Nadex Review

December 23, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure