European PMI

Pubblicato il 1 Giugno 2012 da Veronica Baker

Irish May manufacturing PMI 51.2
Up from 50.1 in April, third straight month above 50.0 mark and highest read in 14 months.( A good result , this is the reason why fiscal compact was approved )

Spain May Manufacturing PMI 42.0
Down from 43.5 in April and lowest level since May 2009.( Really no surprise )

Swiss PMI For May 45.4
Down from 49.7 in April and weaker than Reuter’s median forecast of 48.5.(  I was expecting a bad result on the basis of my retail activity very weak in May  ; infact Swiss retail sales was also extremly weak )

Italian May Mfg PMI 44.8
Slightly above Reuters forecast of 43.5 and last months reading of 43.8 (Uhm …)

French May Final Mfg PMI Falls To 44.7
Lowest in 3 years . From flash 44.4 and April’s final 46.9

German May final Mfg PMI 45.2
From final 46.2 in April and slightly above flash reading of 45.0

Eurozone May final Mfg PMI 45.1
Lowest since June 2009, fractionally up from flash reading of 45.0, and down from April’s 45.9

UK May Mfg PMI Down Sharply To 45.9
Well below Reuters forecast of 49.8 , the lowest since May 2009 and April’s revised 49.0.

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