PMI for Eurozonen – læs hele meddelelsen her
“The eurozone manufacturing economy showed encouraging resilience in the face of the Greek debt crisis in July. The PMI held close to its June level, which had been the highest for over a year, coming in ahead of the earlier flash estimate largely on the back of stronger than previously recorded growth in Germany.
“The impact of the Greek crisis, and in particular the bank closures, had a striking though not surprising impact on that country’s economy, with the Greek PMI signalling the steepest downturn ever seen in the survey’s 16-year history. It is clear that Greece’s recession deepened significantly in the second quarter.
“Despite holding up well on prior months, the overall rate of growth in the region as a whole remains only modest, pointing to industrial production growing at an annualised rate of around 2%. France slipped back into contraction – the only country besides Greece to see worsening business conditions in July – and lacklustre growth in Germany continues to act as a brake on the overall region. “The most impressive growth rates are being seen in the Netherlands, Spain and Italy, the latter being notable in enjoying its strongest growth for over four years in July.
“Policymakers will be reassured by the robust growth rates seen in these countries and the resilience of the manufacturing sector as a whole, especially as growth is likely to pick up again now that Greece has jumped its latest hurdle in the ongoing debt crisis.