Singular Bank: In August, the final Eurozone services PMI rose to 52.9 (vs. 51.9 in July), representing its highest level in the last three months. In turn, this trend explained the rebound of the composite indicator to 51.0 (vs. 50.2 in July), slightly below the analysts’ consensus estimate (51.2). In Germany, the services PMI fell to 51.2 (vs. 52.5 in July), in an environment marked by the deterioration in private…

CdM | The expansion of Spanish factory activity moderated in August to seven-month lows, according to the Purchasing Managers’ Index (PMI), which stood at 50.5 points from 51 points the previous month, reports Europa Press. Operating conditions in the Spanish manufacturing economy, in general, continued to improve in August, although the latest data showed divergent trends in several key areas. Thus, although new orders increased, production fell slightly, employment declined…