Resiliant European Service Sector Contrasts With Weak Manufacturing Output

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #20370
    Helmholtz Watson
    Participant

    The European services sector strength contrasts with …

    [article]1447[/article]

    #20399
    ThePitBoss
    Participant

    It does show the effects of the trade war and the uncertainty with Brexit Services are jobs purely finaced by QE one could argue.

    #20400
    ThePitBoss
    Participant

    [size=5][color=red][b]European autos & parts production drops for sixth month running
    [/b][/color][/size]
    IHS MARKIT EUROPE SECTOR PMI®
    Europe Automobiles & Parts Output Index

    European output of automobiles & auto parts declined for the sixth month running in March. The rate of contraction eased slightly since February, but remained sharp as new orders dropped at the strongest rate since December 2012.

    Employment fell at the fastest rate since November 2012, and input prices declined for the first time in over two-anda-half years, albeit only marginally. Metals & mining remained another weak sector in March.

    Output fell for the seventh month running, and at the fastest rate since January 2013. Moreover, metal producers cut their prices for the second month running.

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.