Pantheon Macroeconomics - Yesterday's advance EZ PMI data were virtually unchanged from previous months, yet again. The composite PMI rose trivially to 53.3 in August from 53.2 in July; this means that the index has been almost stable since February. The headline was lifted by a small increase in services, which offset a slight decline in manufacturing.

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24 August. 2016 "Breaking News": EZ PMIs Signal Unchanged GDP Growth in Q3

By Claus Vistesen

Yesterday's advance EZ PMI data were virtually unchanged from previous months, yet again. The composite PMI rose trivially to 53.3 in August from 53.2 in July; this means that the index has been almost stable since February. The headline was lifted by a small increase in services, which offset a slight decline in manufacturing.

Posted: 24th Aug 2016 in 'Eurozone Documents'

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