Here come the European PMIs ...
Advertisement
REUTERS/Tobias Schwarz
Advertisement
The purchasing managers' index (PMI) is a measure of whether economies and sectors are expanding or contracting. Anything above 50 signals growth, while anything below signals contraction.
We've already had positive flash readings for August, but today we'll get a more detailed breakdown and more accurate figures.
Here's what we've got so far:
- Spain: services - 59.6, in-line with forecasts.
- Italy: services - 54.6, beating forecast of 53.
- France: services - 50.6, 51.8 predicted; composite 50.2, flash was 51.3.
- Germany: services - 54.9, 53.6 predicted; composite 55, flash 54.
Keep checking back, we'll update as the figures come in.
Advertisement
Advertisement
- Welcome to the white-collar recession
- Singapore Airlines was ordered to pay a couple compensation for 'mental agony' after they complained their business-class seats didn't automatically recline
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- “Wish to follow in the footsteps of PM Modi!” ‘Anupamaa’ star Rupali Ganguly joins BJP
- Assassin’s Creed Mirage on iPhone 15: Killer game to debut on Pro and iPad on June 6
- 5 worst cooking oils for your health
- From fiber to protein: 10 health benefits of including lentils in your diet
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market