PMI fra Markit – læs hele meddelelsen her:
Chris Williamson, Chief Business Economist at IHS
Markit said:
“The eurozone has started 2019 on flat note, with
growth close to stagnation amid falling demand for
goods and services. The PMI indicates that GDP is
growing at a quarterly rate of just 0.1%, setting the
scene for the region’s worst quarter since 2013.
Such a weak start to the year would mean the
current consensus forecast for 1.5% GDP growth in
2019 is likely to be revised lower, and hence lead to
more dovish signals from the ECB.
“What started as a manufacturing and export-led
slowdown has shown increasing signs of infecting
the service sector. The manufacturing PMI numbers
are indicative of the goods-producing sector
slipping into recession, while growth in services is
now running at its lowest for four years. Worst may
be yet to come: new orders received by factories
are declining at the steepest rate for nearly six
years and new business inflows into the service
sector have stalled. Demand is consequently falling
to an extent not seen since mid-2013.
“Employment growth is now also being affected by
a growing reticence to expand capacity, with jobs
being created at the slowest rate for over two years.
“The deteriorating picture looks broad-based. Italy
is in its steepest downturn for over five years and
France has sunk into its sharpest decline for over
four years. Faster growth in Germany and Spain
meanwhile looks tenuous, as order book trends
deteriorated in both cases.
“The survey indicates that political uncertainty, both
global and local, is increasingly taking a toll on
growth, dampening demand and driving increased
risk aversion. Add in rising global trade tensions,
Brexit uncertainty, the ‘yellow vest’ protests in
France and a spluttering auto sector, it’s clear that
the business environment is at its most challenging
since the height of the region’s debt crisis.”
