European service PMI's confirm poor manufacturing contagion

Author: Giles Coghlan | Category: News

Manufacturing woes feed into services

Manufacturing woes feed into services
This is what the latest slew of service PMI's tell us - The drag on manufacturing has now moved over into the service sector:

So, all eyes onto the ECB for more action and the anticipation for fiscal policy increases. Sensing a new dawn of fiscal policy to take up the mantle of where monetary policy has failed. 

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose