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Subscriber OnlyBusinessEconomicsEurope’s Economy Scarred by Lockdowns Starts on Slow RecoveryComposite PMI rose to 31.9 in May from just 13.6 in April‘Outlook is scarred by the prospect of demand remaining weak’ByJana Randow+FollowJune 3, 2020, 8:00 AM UTCSign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.Europe’s economy is slowly emerging from a record slump that’s destroyed businesses and jobs and could lead to a near double-digit contraction year.
