October 2017 Eurozone manufacturing, services & composite PMI flash 24 October 2017

  • Prior 58.1
  • Services 54.9 vs 55.6 exp. Prior 55.8
  • Composite 55.9 vs 56.5 exp. Prior 56.7

Output prices rose to the highest since Jun 2011 at 53.3 vs 52.7 prior. Good numbers for manufacturing but at the cost of the others. Markit says that the data points to Q4 GDP of 0.6-0.7%. EURUSD rises back to 117.64 from 1.1755.

Ryan Littlestone

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