LONDON—Eurozone manufacturing production fell last month for the first time since the initial wave of the coronavirus pandemic two years ago as higher prices and a darkening economic outlook kept consumers wary of making purchases, a survey showed.
S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) fell to 52.1 in June from May’s 54.6, its lowest since August 2020 but just ahead of a preliminary reading of 52.0.
An index measuring output, which feeds into a composite PMI due on Tuesday and seen as a good gauge of economic health, sank below the 50 mark separating growth from contraction to a two-year low of 49.3. In May it was 51.3….