June 2018 Eurozone Markit manufacturing PMI final 2 July 2018

  • Flash 55.0. May 55.5
  • Growth of output and new orders slow further as upturn in new export business remains subdued
  • Supply chain pressure and rising oil prices take input cost inflation to four-month high
  • Manufacturing slowed on consumer, investment and intermediary sectors
  • Employment rose in June
  • Prices were mixed. Input costs at 4 month highs, output at 9 month lows

Not an overly good picture of the sector with margins squeezed and the index hitting the worst in 18 months.

All the other results today;

  • China (NBS) 51.5 vs 51.6 exp. Prior 51.9
  • China (Markit) 51.0 vs 51.1 prior
  • Australia 55.0 vs 53.2 prior
  • Japan 53.0 vs 53.1 prior
  • Switzerland 61.6 vs 61.0 exp. Prior 62.4
  • Spain 53.4 vs 53.6 exp. Prior 53.4
  • Italy 53.3 vs 52.7 exp. Prior 52.7
  • France  52.5 vs 53.1 exp. Prior 53.1

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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