Europe / PMI-Euro area growth slowed aoetucirc, t in the … – Boursorama

Europe / PMI-Euro area growth slowed aoetucirc, t in the … – Boursorama

  
 PARIS / BERLIN, Aug. 21 (Reuters) – Leading provisional results of surveys Markit purchasing managers in France, Germany and throughout the euro area, released Thursday . * EURO-SLOW DOWN DESPITE FALLS IN PRICES LONDON – The private sector growth in the euro zone in August saw a stronger than expected despite price declines generalized slowdown, services and industry have both stalled According to a survey published Thursday. The Markit purchasing managers (PMI) composite flash version, which monitors developments in both industry and services amounted to 52.8 against 53.8 in July. This figure is below the Reuters consensus was 53.4. The services index rose to 53.5 this month against 54.2 in July and 53.5 expected. The manufacturing index also fell to 50.8 in August against 51.8 in July and a consensus of 51.3. “With a lower expansion rate and a recovery in the labor market stalled, all eyes will remain turned to the European Central Bank in the hope that new  measures accompanying prepare,” said Rob Dobson, economist at Markit. “However, politicians will certainly wait a little longer as the recent stimulus entering the sphere of the real economy before launching new ones,” he adds. Markit said that these data suggest a quarterly growth in the euro area by 0.3%, a rate consistent with expectations in a Reuters poll released last week. * GERMANY-16E CONSECUTIVE MONTH OF GROWTH IN THE PRIVATE BERLIN – Activity in the private sector grew in August for the 16th consecutive month, suggesting that Europe’s largest economy could regain momentum in the third quarter after an unexpected contraction in April-June The composite PMI purchasing managers published by Markit, which combines activity in industry and services, stood at 54.9 in August, Provisional, down from the figure of 55.7 July but remained well above the 50 mark, which marks the border between growth and contraction. Rob Dobson, senior economist at  Markit, the latest PMI data suggests that Germany could grow by 0.7% in the third quarter. In services, the provisional PMI stood at 56.4 in August, against 56.7 in July, while economists polled by Reuters had forecast 55.7. In the industrial sector, the index is at 52.0, against 52.4 in July and

compared with a Reuters consensus of 51.8. * FRANCE-The STAGNATING ACTIVITY IN AUGUST, SAVED BY THE SERVICES PARIS – Activity in the private sector has returned to equilibrium in August after three months of decline, driven by modest growth in services offsetting another strong contraction industry, according to initial estimates “flash” of the Markit purchasing managers. The composite PMI, which combines manufacturing and services, came in at 50.0, exactly the bar separating the areas of contraction and expansion in activity, up from July (49 , 4). But in the manufacturing sector, the contraction increased further, the index reaching 46.5 while averaging 47.8 expected by 19 economists polled by Reuters, the lowest forecast of the latter being 46.9. Down compared to July (47.8), this index is at its lowest level since May 2013 Indices of new orders and employment are clearly fold compared to their lowest levels in July. Services have however rebounded index up more than the 51.1 expected by economists on average, with a maximum forecast was 51.0 50.0. Increase compared to July (50.4), the services index is at its highest level since March. Guide PMI PMI / index1 The French real time indicators ECONFR indicators eurozone live ECONEZ

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