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A survey released on Tuesday showed slower growth of companies in the eurozone than expected this month, with optimism falling on fears of a trade war with the United States and the United States. low global growth.
Rising prices should not be a source of much concern for ECB policymakers seeking to abandon restrictive monetary policy.
Preliminary reading of the IHS composite index for purchasing managers of the region The euro, which is a good indicator of the strength of the economy, to 54.3% July of 54.9 in June
Any reading above level 50 indicates growth. The future production index has risen from 63.4 to 63.0, its lowest level since the end of 2016.
The index of purchasing managers rose from 55.2 in June at 54.4, below forecasts Slightly at 55.0
A new sub-index of business growth was one of the lowest since the beginning of last year, falling from 54.9 to 53.7, a concern for businesses
. ). The manufacturing PMI rose from 54.9 to 55.1, exceeding the median forecast of 54.6. A measure of output, included in the composite PMI, stabilized at 54.2.
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