EU HCOB Manufacturing PMI Final (Jan) 49.5 vs. Exp. 49.4 (Prev. 48.8)
Importance
Level 1
- "For companies relying on metals like copper, aluminium, or nickel, this - together with pricier energy - puts pressure on profit margins. They don’t appear to have the ability to raise their selling prices accordingly. In fact, their prices seem to be largely flat.”
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