Recent Posts

UK exit saga looms over Europe as growth, inflation remain elusive

  Bloomberg Growth in the euro area’s private sector slowed more than economists predicted in June, with firms expressing concerns about uncertainty ahead of the U.K.’s vote on its European Union membership. A Purchasing Managers’ Index for manufacturing and services fell to 52.8 from 53.1 in May, London-based Markit Economics said on Thursday. The decline to the lowest level since ...

Read More »

German economy unfazed by Britain’s EU referendum

  Bloomberg Germany’s economy is showing little sign that Britain’s referendum on European Union membership is damping investment, according to Markit Economics. A Purchasing Managers’ Index for manufacturing and services was at 54.1 in June after a reading of 54.5 in May, the London-based company said on Thursday. While that’s the lowest in two months, it’s well above the 50 ...

Read More »

French output declines for 1st time in 4 months in June

  Bloomberg France’s private-sector economy shrank for the first time in four months in June, with manufacturing slumping the most in more than a year. A composite Purchasing Managers’ Index fell to 49.4 from 50.9 in May, London-based Markit Economics said on Thursday. That’s below the 50-point mark that divides expansion from contraction. A gauge for manufacturing dropped to 47.9, ...

Read More »
Send this to a friend