Expectations for a rebound in EUR PMIs are building ahead of Wednesday, but we would like to remind you that January PMIs received historically large positive seasonal revisions last year. It does not bode well for January PMIs this year.
![PMI Watch: Time for the much awaited rebound?](https://stenoresearch.com/wp-content/uploads/2023/06/Watch-Series-–-Coverart-1080x675.png)
Expectations for a rebound in EUR PMIs are building ahead of Wednesday, but we would like to remind you that January PMIs received historically large positive seasonal revisions last year. It does not bode well for January PMIs this year.