€d_artsel schreef op 6 november 2012 11:07:
11:00:00 / 06.11.12 DJ Eurozone producentenprijzenindex (PPI) sept +2,7% (jaar)
11:00:00 / 06.11.12 DJ Eurozone PPI ex-energie sept +0,3% (maand); +1,2% (jaar)
11:00:00 / 06.11.12 DJ Eurozone PPI sept verwachting was +0,3% (maand); +2,7% (jaar)
11:00:00 / 06.11.12 DJ Eurozone producentenprijzenindex (PPI) sept +0,2% (maand)
Euro-zone business activity shrank in October at its steepest rate in over three years, undermining hopes of an economic recovery in the fourth quarter, as conditions worsened markedly in the region's biggest economy Germany.Data company Markit said its monthly Purchasing Managers' Index for the manufacturing and services sectors combined fell to 45.7 in October, from 46.1 in September.
That was slightly below an initial estimate for October published last month, and pulled the index further below the 50 threshold that separates growth from contraction.
The last time the composite reading indicated a steeper fall in activity was in June 2009.
October is the first month of the fourth quarter and the weak PMIs
add to concern that the economy has been worsening during the period.
Official data for the previous three-month period between July and September aren't yet available.
They will be published Nov. 15. The economy shrank 0.2% quarter-on-quarter in the second quarter.
Markit said Italy, France and Spain registered more moderate rates of decline in business activity in October, with Italy's measure the least negative in seven months at 45.6.
German business activity didn't shrink as rapidly as in those countries, but its decline was still the steepest in two months, with a reading of 47.7.
"Signs that the contraction in Germany gathered pace are particularly disappointing, given the important role a strong-performing Germany could play in stimulating growth elsewhere in the currency zone," said Rob Dobson, senior economist at Markit.