Latest data released by Markit - 24 January 2019

EZ Composite PMI
  • Prior 51.4
  • Services PMI 50.8 vs 51.5 expected
  • Prior 51.2
  • Composite PMI 50.7 vs 51.4 expected
  • Prior 51.1

A lot of the negativity here is very much baked into the French and German readings earlier but this basically shows the overall picture that the slowdown is profoundly getting more prominent across the region and across all sectors.

The composite print is the weakest since July 2013 while the services print is the weakest since August 2013. Meanwhile, the manufacturing print is the weakest since November 2014. It's all getting ever so close to that contraction territory. Yikes.