Eurozone Manufacturing Activity Declines

The Eurozone Manufacturing Purchasing Managers Index (PMI) for December has been reported at 45.1, marking a three-month low. This figure represents a slight decrease from November's 45.2, as detailed in the final report by S&P Global and Hamburg Commercial Bank (HCOB) released on Thursday.

Remaining below the critical 50-point threshold, the PMI indicates a continued deterioration in the operating conditions within the euro area's manufacturing sector. This trend raises concerns about the future of manufacturing in the region and its impact on the broader economy.

Stay tuned for more updates on this developing story.