Eurozone HCOB Composite PMI declines to 51.9 in October vs. 52.7 expected

HCOB Composite Purchasing Managers' Index (PMI) in the Eurozone declined to 51.9 in October's flash estimate from 53.1 in September, showing that the business activity expanded at a softening pace. This print came in below the market expectation of 52.7.