Manufacturing PMI in Germany fell to a 36-month low

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Source: Forexpros

Markit, a market research group, reported that manufacturing PMI for Germany dropped 0.5 points in June, reaching 44.7, whereas in May it was 45.2. Analysts' forecast was that the figure for the last month would be 45.2. June's PMI reached the lowest level for the last three years on market's concern about the impact of Eurozone debt crisis on the German economy.


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Thu, 21 Jun 2012 10:37:04 GMT

Retail sales in the U.K. gained 1.4% in May

U.K. retail sales gained more than expected, after a sharp fall in April. U.K. Office for National Statistics reported that retail sales grew by 1.4% in May on a seasonally adjusted basis, whereas initial forecast was that it would rise only by 1.2%. The figure for April was revised down from a 2.3% decline, reaching a 2.4% fall.

Thu, 21 Jun 2012 10:48:03 GMT

Manufacturing PMI in France grew to a 3-month high

Markit reported that French manufacturing PMI added 0.6 in June, from the May's 44.7, and reached 45.3 on a seasonally adjusted basis. This is more than expected, since analysts predicted that the figure would be 44.5. French service sector activity also gained more than expected in June, reaching 47.3, from the May's 45.1, whereas initial forecast was that it would be at 45.0.

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