Eurozone’s final PMI readings for August confirmed a renewed contraction in activity.
Eurozone’s July PPI -0.5% m/m (expected -0.6%; last -0.4%); -7.6% yr/yr, as expected (last -3.4%).
August Services PMI 47.9 (expected 48.3; last 50.9)
Germany’s August Services PMI 47.3, as expected (last 52.3)
U.K.’s August Services PMI 49.5 (expected 48.7; last 51.5)
France’s August Services PMI 46.0 (expected 46.7; last 47.1)
Italy’s August Services PMI 49.8 (expected 50.2; last 51.5)
Spain’s August Services PMI 49.3 (expected 51.5; last 52.8)
Spain’s IBEX 35: +0.3%