European Manufacturing PMI data weak overall

trend cyclesAll of the major Euro Zone PMI releases are out and they’ve been rather weak overall. Only the French one has been better than expected.

  • Spanish Manufacturing PMI 53.9 vs 54.7 f/c
  • Italian Manufacturing PMI 51.9 vs 52.6 f/c
  • French Manufacturing PMI 47.8 vs 47.6 f/c
  • German Manufacturing PMI 52.4 vs 52.9 f/c
  • Euro Zone Manufacturing PMI 51.8 vs 51.9 f/c

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