Eurozone’s economy remains stuck near the stagnation at the beginning of the fourth quarter of the year. The demand for products and services has fallen for the second consecutive month, according to the latest data from Markit’s PMI index.
eurozone manufacturing PMI
CdM | Economic growth in the Eurozone manufacturing sector continued to contract in July, and did so at the fastest rate since December 2012, according to the latest PMI index. Germany remained a source of weakness, registering its largest deterioration in 7 years.
LONDON | May 13, 2015 | Barclays | Overall euro area IP rose by 0.9% q/q in Q1, the strongest growth in four years. This echoes the positive developments recorded by business surveys in the first months of 2015. Euro area manufacturing PMIs and the EC industrial confidence indicator hit eleven-month peaks in March and posted the highest quarterly average in Q1 since mid 14