Final November 2018 Eurozone PMI’s shows the weakest manufacturing growth since 2016

November 2018 Eurozone Markit manufacturing PMI final 3 December 2018

Manufacturing PMI final 51.8 vs 51.6 exp. Prior 51.6

That’s confirmation of the weakest growth since August 2016. Business confidence is at the weakest in 6 years. But, it’s only temporary. Prices remained up but not as strong;

“Input prices continued to increase at an elevated rate, despite inflation easing slightly since October. Price pressures remained especially acute in Germany and Austria, compared to the relatively weaker rises seen in Italy, Spain and Greece. Output charge inflation for the region as a whole remained at an above average rate, despite being the slowest recorded for 15 months.”

The other PMI’s today;