International Economic

Eurozone economy falters as US-Iran war drags on

By Abigail Townsend

Date: Thursday 21 May 2026

(Sharecast News) - The Eurozone downturn deepened in May, a closely-watched survey showed on Thursday, as the war in the Middle East ramped up inflationary pressures.
The latest flash S&P Global Eurozone PMI composite output index was 47.5, down on April's 48.8 and a 31-month low. It was also below forecasts...

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