Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 03, 2020

Europe’s PMIs Show Tight Controls Mean Deeper Recessions

(Bloomberg) -- The publication of the final PMI readings in Europe on Friday gave an early glimpse of how coronavirus containment measures are pushing economies into deep recessions. But rather than the scale of the overall shock to the European economy, it's the variation between countries that's telling, according to Bloomberg Economics. Globally, the depth of the downturn looks strongly related to the stringency of containment measures in place.

©2020 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search