Formiddagens PMI fra Markit for Europa:
Euro area business activity grew in September at the lowest rate seen so far this year, according to the preliminary ‘flash’ PMI survey data. At 52.3, down from 52.5 in August, the Markit Eurozone PMI™ Composite Output Index fell for a second month running, dropping to its lowest since December of last year. At 52.9, the average quarterly reading for the three months to September was also the lowest so far this year. Inflows of new orders rose only modestly, with the rate of increase waning for the third successive month to register the smallest monthly improvement since August of last year. Employment was largely unchanged once again as companies held back from hiring extra staff due to the weak sales growth. Although payrolls have risen in each of the past six months, gains have been only marginal at best.
