Pantheon Macroeconomics - Yesterday's PMI data confirmed that the EZ manufacturing sector is in rude health. The manufacturing PMI in the euro area rose to a cyclical high of 57.4 in June, from 57.0 in May, slightly above the first estimate. New orders and output growth are robust, pushing work backlogs higher and helping to sustain employment growth.

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4 July 2017 Why Hasn't EZ Industrial Output Responded to the PMIs?

By Claus Vistesen

Yesterday's PMI data confirmed that the EZ manufacturing sector is in rude health. The manufacturing PMI in the euro area rose to a cyclical high of 57.4 in June, from 57.0 in May, slightly above the first estimate. New orders and output growth are robust, pushing work backlogs higher and helping to sustain employment growth.

Posted: 3rd Jul 2017 in 'Eurozone Documents'

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Keywords for: Eurozone Documents | 4 July 2017 Why Hasn't EZ Industrial Output Responded to the PMIs?

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