December 2018 Eurozone final Markit services PMI 4 January 2019
- Services PMI 51.2 vs 51.4 exp. Flash 51.4. Nov 51.8
- Composite 51.1 vs 51.3 exp/prior
The latest data on prices indicated that input costs continued to increase at an elevated rate at the end of 2018. Wage and salary pressures remained a key driver of cost pressures. However, with oil-related goods reported to be dropping in price, especially for manufacturers, the net rise in overall input prices was the weakest recorded by the survey since August 2017. Output prices also rose at a slower rate in December, with latest data showing inflation at its weakest for 15 months
EURUSD unchanged at 1.1410
Other services PMI’s today;
- Italy 50.5 vs 50.3 exp. Prior 50.3
- France 49.0 vs 49.6 exp. Prior 49.6
- Germany 51.8 vs 52.5 exp. Prior 52.5
- Spain 54.0 vs 53.9 exp. Prior 54.0
- Ireland 56.3 vs 57.1 prior
- India 53.2 vs 53.7 prior
- China 53.9 vs 53.8 prior
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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