Euro area: August PMI gives mixed results but still positive

Euro Area F lash Composite PMI has continued to recover in July to 5 1.1 (1 2 -month high) from 50. 9 in June, above consensus expectations (49. 7), driven by an improvement in manufacturing ( +0. 7 point to 50.5 , 3 7 -month high) while the service index declined this month (-0,3pt to 50.7) Subcomponents are showing a mixed picture The breakdown of the index is mixed this month . Even though , composite new orders have improved again, at the same time , future output declined, and input prices increased. However, the good news this month is the manufacturing index which...

Minutes du FOMC : encore focus sur l’inflation