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Eurozone August final manufacturing PMI 43.5 vs 43.7 prelim

Prior 42.7This just points to another contraction in euro area manufacturing with things in Germany looking the worst. And that's not a good sign for the Eurozone as a whole when Germany is the backbone of the economy with the manufacturing sector being the key driver. But at least for now in August, the signs of easing are receding but we'll see if there will be any further improvements in Q4. HCOB notes that:“These numbers aren't as terrible as they might look at first glance. Obviously, the o... Read More

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Content Topics

Eurozone

August

Final

Manufacturing

43 Prelim

Forex

Posted: Sep 1 2023, 08:00

Author Name: forexlive

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