The HCOB Eurozone Manufacturing PMI for May 2025 indicates a slight improvement in the manufacturing sector, with a PMI of 49.4, up from 49.0 in April, although still in contraction territory. Output has risen for three consecutive months, and business confidence has reached a three-year high. Spain's manufacturing sector showed the first expansion after three months of contraction, while Germany's sector continues to struggle despite some positive signs. Overall, the outlook is cautiously optimistic, but risks remain due to potential US tariffs. Teljes cikk (Euronews.com)