The composite purchasing managers’ index (PMI) of the euro zone advanced from 47.8 in November to 48.8 in the preliminary of December, the maximum in four months, informed this Friday (16) the S&P Global.
Analysts heard by Wall Street Journal predicted 48.0.
The reading continued, however, below the 50 mark, which separates contraction from expansion in this survey.
The PMI of the region’s services sector alone rose from 48.5 in November to 49.1 in the December preview, also at the highest in four months, when the forecast was 48.5.
The industry PMI, in turn, went from 47.1 in November to 47.8 in December, the highest in three months in this preliminary, against the expectation of 47.1.
Germany
Germany’s composite PMI rose from 46.3 in November to 48.9 in December’s preliminary reading, a six-month high, S&P Global said.
The country’s services PMI advanced from 46.1 in November to 49.0 in the December preview, the highest in five months. The German manufacturing PMI rose from 46.2 in November to 47.4 in December, the highest in three months.
The numbers surpassed the projections of analysts consulted by the Wall Street Journalin both cases 46.3.
UK
In the United Kingdom, the composite Purchasing Managers Index advanced, from 48.2 in November to 49.0 in the December preview, the highest in three months.
Analysts heard by Wall Street Journal predicted 48.0.
The services PMI rose from 48.8 in November to 50.0 in the December preliminary, also the highest in three months and exactly on the mark that separates expansion from contraction in this survey. Analysts had expected 48.5 in this case.
The PMI of the country’s industrial sector fell from 46.5 in November to 44.7 in the December preview, the lowest in 31 months, when the forecast was 46.5.
Source: CNN Brasil
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