Eurozone PMI manufacturing finalized at 49.6 in Aug, downturn likely to intensify potentially markedly

Eurozone PMI Manufacturing was finalized at 49.6 in August, down slightly from July’s 49.8. But that’s still a 26-month low. Readings for the Netherlands at 52.6 (22-month low), Ireland at 51.1 (22-month low), France at 50.6 (2-month high) were in expansion. Readings for Spain at 49.9 (2-month high), Germany at 49.1 (26-month low), Austria at […]

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