Euro area PMI: Manufacturing recovery loses (a bit) steam
The euro area composite PMI decline d in August on the back of weaker sentiment in the manufacturing sector, while confidence in the services sector remained broadly unchanged. The overall level of business sentiment, however, remains very high and consistent with an on-going recovery of the euro area economy.
Provider
Natixis
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.