Newsroom: Industry News
The Eurozone manufacturing sector expanded further. The Markit Flash Eurozone Manufacturing Purchasing Managers’ Index (PMI) posted a strong reading of 57.4 in August from 56.6 in July. Both output and new orders rose sharply, stemming from the fastest pace in export growth in six-and-a-half years. Germany continued to post a strong reading with 59.4 in August, up from 58.1 in July. Strong manufacturing indicators continued in France as well, with a 55.8 Flash Manufacturing PMI in August from 54.9 in July. This also marked the highest level in more than six years for both countries.