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- Eurozone’s final manufacturing PMI falls to 52.3 in August
Eurozone’s final manufacturing PMI falls to 52.3 in August
Markit Economics released its final manufacturing purchasing managers' index (PMI) for the Eurozone on Tuesday. Eurozone's final manufacturing purchasing managers' index (PMI) fell to 52.3 in August from 52.4 in July, down from a preliminary reading of 52.4.
"While there remain pockets of strength in a number of national domestic markets, August also saw signs of that being matched by a step up in export demand. Export order inflows rose at a faster pace, although we will have to wait and see if recent concerns regarding a slowdown in China filter through to the figures in coming months," Rob Dobson, Senior Economist at Markit said.
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