Fra Markit- læs hele meddelelsen her:
“The eurozone economy relapsed in July, with the
PMI giving up the gains seen in May and June to
signal one of the weakest expansions seen over the
past six years. The pace of GDP growth looks set
to weaken from the 0.2% rate indicated for the
second quarter closer to 0.1% in the third quarter.
“The manufacturing sector has become an
increasing cause for concern. Geopolitical worries,
Brexit, growing trade frictions and the deteriorating
performance of the autos sector in particular has
pushed manufacturing into a deeper downturn with
the survey indicative of the goods-producing sector
contracting at a quarterly rate of approximately 1%.
“The more domestically-focused service sector
remained the main driver of expansion, though
even here the rate of growth has slowed, likely in
part due to signs of weaker labour market trends.
Hiring was close to a three-year low in July.
“Germany has been especially hard hit by the
manufacturing and autos sector downturns, and is
at risk of GDP contracting marginally in the third
quarter. France appears more robust, albeit with
growth likely to ease slightly from 0.3% to 0.25% in
the third quarter.
“With growth slowing, job creation fading and price
pressures having fallen markedly compared to
earlier in the year, the survey will give added
impetus to calls for more aggressive stimulus from
the ECB.”
