Economy
20:15 22 August 2019
Post by: WBJ

PMI for euro area sligtly up in August

The manufacturing purchasing managers index in the eurozone rose to 47 in August from 46.5 a month earlier, according to preliminary data of Markit. Market consensus was 46.2 points. Still, the indicator was below a critical 50 mark that separates growth in industrial activity from contraction.

Meanwhile, services purchasing managers index rose to 53.4 from 53.2 in July.

pmi
euro area

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