The largest European economies show the signs of slowdown

By: Trademagazin editor Date: 2020. 08. 24. 11:08

In Germany, France and the euro area as a whole, IHS Markit published its preliminary purchasing method indices in August, and other indicators besides the German manufacturing industry fell short of analysts’ expectations – portfolio.hu wrote. The good news, however, is that the indicators are still mostly above 50 points.

In Germany, manufacturing PMI stood at 53 points in August, slightly higher than the 52.5 points expected by analysts. The indicator was still at 51 points in July, so the situation of the players in the manufacturing industry has improved compared to the previous month. (portfolio.hu)