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Recent Eurozone PMI Data Waving A Warning Flag For ECB

Recent Eurozone PMI Data Waving A Warning Flag For ECB

2 Years ago | April 15, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


Recent Eurozone PMI Data Turning Soft I have collected Monthly Survey of Purchasing Managers (PMI) for many years. The PMI data fall into the category of soft, as opposed to hard data, on broad trends in various sectors of economies as reported by Purchasing Managers. The two major sectors surveyed are the Manufacturing and Service sectors of key economies. I prefer the Manufacturing readings, even in the Service economies, because the Manufacturing sector tends to be more sensitive to changes in the business cycle.

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