Eurozone Preliminary Manufacturing PMI beats estimates with 62.8 in May

• Eurozone Manufacturing PMI arrives at 62.8 in May vs. 62.5 expected.
• Bloc’s Services PMI expands to 55.1 in May vs. 52.3 expected.

The Eurozone manufacturing sector activity maintained its pace of expansion in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Friday.

The Eurozone Manufacturing purchasing managers index (PMI) eased slightly from 62.9 in April to 62.8 in May and beat 62.5 expectations by a big margin. 

more to come ...