It's too early to expect weaker economic growth in Europe. As we saw on the revised 2Q GDP, consumption expenditures signaled somewhat upside potential and non-manufacturing sectors are solid in line with PMI.
Friday, September 11, 2015
Europe Industrial Production in July : Moderate To Modest
Apparently, manufacturers in Europe seem with bad breadth. They are loosening temporary competition from weak currency in 3rd quarter. Industrial production in July confirmed this. But, the business condition does not signal to deteriorate for now. The pace seems to become modest from moderate, only...
It's too early to expect weaker economic growth in Europe. As we saw on the revised 2Q GDP, consumption expenditures signaled somewhat upside potential and non-manufacturing sectors are solid in line with PMI.
It's too early to expect weaker economic growth in Europe. As we saw on the revised 2Q GDP, consumption expenditures signaled somewhat upside potential and non-manufacturing sectors are solid in line with PMI.
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