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Flash PMIs (Jun 2020) Preview -.......>

EUROZONE DATA
MNI (London)
EUROZONE DATA: Flash PMIs (Jun 2020) Preview - From 0815BST 
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- EZ Mfg: BBG: 43.8 vs 39.4 May; EZ Services: BBG: 40.5 vs 30.5 May 
- FR Mfg: BBG: 46.0 vs 40.6 May; FR Services: BBG: 44.8 vs 31.1 May 
- DE Mfg: BBG: 41.5 vs 36.6 May; DE Services: BBG: 41.6 vs 32.6 May 
- UK Mfg: BBG: 45.0 vs 40.7 May; UK Services: BBG: 39.0 vs 29.0 May
- The services and the mfg PMIs are expected to improve in Jun, although all
indicators are forecast to remain below the 50-mark.
- Services PMIs are forecast to show substantial gains as most countries lifted
restrictions, while the mfg PMIs are projected to rise by a smaller magnitude as
subdued external demand continues do weigh on manufacturing. 
- The ZEW revealed another increase in Jun with expectations for the EZ rising
by almost double the amount than the current situation 
- Besides yielding similar results, the Sentix survey asked participants how
much of the pandemic related economic decline will be made up in 2020 - the
results suggest that only 50% of the slump can be made up.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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