Monday, September 3, 2012

3/9/2012: Euro Area PMIs for August


I will be blogging on Irish Manufacturing PMI for August 2012 later today (the headline numbers are encouragingly positive, albeit growth rate has slowed down markedly on July), but here's the summary of Euro area PMIs and growth dynamics from Pictet:



The two charts are confirming the dynamics presented here on the foot of eurocoin leading indicator for growth.
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