Report
Euro area PMIs decline more than expected in June
The composit e PMI declined to 51.9 after 54.8, a bigger than expected decline. The decline was roughly equally shared among the manufacturing and services sector. Forward looking indicators within the survey point to further easing in activity. One positive aspect is some further improvement with regards to supply chain problems , as delivery times for intermediate goods keep declining.
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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.
Dirk Schumacher
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