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Europe Update: Manufacturing PMI Indices

The final readings for the Purchasing Managers Indexes (PMI) for Europe were updated today for the month of September. Here are the results:

Manufacturing PMI’s:

• Eurozone: 46.1 vs. preliminary 46.0 (August: 45.1)
  
• Germany: 47.4 vs. preliminary 47.3 (August: 44.7)
  
• France: 42.7 vs. preliminary 42.6 (August: 46.0)
  
• UK: 48.4 vs. consensus 49.8 (August: 49.5)
  
• Italy: 45.7 vs. consensus 44.3 (August: 43.6)
  
• Spain: 44.5 vs. August: 44.0
  
• Ireland: 51.8 vs. August 50.9

Recall that readings over 50 represent growth in the sector while readings under 50 suggest the manufacturing sector is contracting.

Other stories on Europe to review:

• Stress Tests on Spanish Banks Show...
  
• German IFO Business Climate Index Continues Slide
  
• German Industrial Production Improves in July
  
• ECB to Launch Unlimited Bond Buying Program
  
• Eurozone Services PMI Remain Weak
  
• Moody's Cuts EU Outlook

 

  iShares EMU - Last 12 Months

 

  iShares France - Last 12 Months

 

  iShares Germany - Last 12 Months

 

 

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