EU Manufacturing

Discussion in 'Economics' started by dealmaker, Jul 1, 2019.

  1. dealmaker

    dealmaker

    EU Manufacturing


    European Union factory activity contracted for the fifth month in a row, per the latest IHS Markit PMI figures. In fact, June's shrinkage was faster than previously thought. Reuters
     
  2. “Euro zone manufacturing remained stuck firmly in a steep downturn in June, continuing to contract at one of the steepest rates seen for over six years,” said Chris Williamson, chief business economist at IHS Markit.
     
  3. RGLD

    RGLD

    Is there another PMI besides IHS? Here is the US we have a few options. I personally prefer ISM but they're not in EU.

    Do you have a breakdown of which country is causing it? Since Germany and UK create most of the GDP I figure it might be them...