More Slowing….
Markit Spain Services for June 51.8 vs 52.3 in May
Spain New Business Index 47.7 in June from 51.8 in May, first contraction since february…
Italian June Services PMI 51.5 against forecast 53.5, after May 53.7 – lowest since february
Italian June Services PMI Business Expectations Index falls to 70.9, lowest since July 2009
French figures show a similar pattern although slightly slower decline – french new business shows the strongest rise in 6 months by comparison…
Germany, however shows 11th month of growth…..
no wonder they are fed up with the rest of them !
