Wednesday, August 24, 2016

The private sector in the eurozone in August resists ‘brexit’ – euronews

the private sector in the eurozone resists vote for the ‘brexit ‘and remains stable in August, according to the first estimate of the purchasing managers’ index Markit. From July to August, this index increased even by one tenth to stand at 53.3. The dimension of fifty separates growth contraction. The good indicator must be input to an even higher note in Germany, despite the decline of almost one point in the current month.

“If later it has an impact on the ‘brexit’, would be more either by political scenarios are developed in the euro from next year with the Italian or German elections, Dutch, French, “advances this market analyst, Jeremy Cook, chief economist at World First. “And this begins with the fall of investments and maybe also of consumer confidence and available capital in business”.

The other good news is that France returns to levels before the attacks of 13 November in Paris. The improvement is seen mostly in the service sector and in manufacturing offset that the country is still in recession. Those responsible for Markit, however, warn of a decline in eurozone rates orders for September.

The Economist Chief Cabinet Chris Williamson, provides that countries of the single currency with these indicators maintain growth in the third quarter of 0.3 percent

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