Colosseum a.s. (Colosseum a.s.)
Macroeconomics  |  November 02, 2012 13:45:28

Deterioration of the European industry continues

ColosseumIndex managers of shopping in Europe, the agency that issues Markit, fell to 45.4 in October from 46.1 septembrových point. Values ??below 50 Indicate the recession in the industry. The reason is reducing consumption of households, particularly in southern Europe. Governments would intend to start because of the debt-crisis spending cuts, which will also have a very negative impact on corporate orders. Compared with the U.S. and China is Europe's industry significantly in the worse condition.

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