Eurozone services PMI slows unexpectedly in June but manufacturing PMI rises to 6-month high
Posted on June 23, 2016 at 11:16 am GMTThe latest Markit PMIs painted a mixed picture for Eurozone economic activity in June as the services sector appeared to struggle, while manufacturers enjoyed a strong month. Political and economic uncertainty were cited as the main reasons for the drop in business confidence across the region. The euro area’s services PMI according to Markit’s flash reading for June declined to 52.4 from 53.3 in May. The figure is the lowest in 18 months and compares with estimates of a smaller [..]