Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  July 24, 2012 13:44:02

Eurozone - manufacturing and service activity in July, decreasing the 6th month in row


The activity of the manufacturing sector and services sector in the euro area in July measured joint purchasing managers index (PMI) has stagnated at 46.4 points. Values ??below 50 points are taken as signs of decline in activity.

Index for the manufacturing sector decline to 44.1 from June's 45.1 points, which is at least the last 38 months.
Index for the service sector rose to 47.6 points from 47.1 the previous point.

PMI recorded a decline in other countries also outside Germany.
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