Report
Euro area: small decline in the August PMI
The euro area composite PMI recorded a small decline in August on the back of weaker sentiment in the services sector and a broadly stable reading for the manufacturing sector. The August PMI show s that supply chain problems are getting smaller and that the inflationary pressure on the producer level is consequently easing. But today’s figures do not yet reflect latest developments in the energy sector and should be therefore interpreted with caution.
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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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