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MNI: EUROZONE DATA: Final Manufacturing PMIs (Jun....>

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MNI: EUROZONE DATA: Final Manufacturing PMIs (Jun 2019) Preview - 09:00 BST
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- EZ (Final): Bbg Consensus: 47.8; Prelim: 47.8; Prev (May): 47.7
- Germany (Final): Bbg Consensus: 45.4; Prelim: 45.4; Prev (May): 44.3
- France (Final): Bbg Consensus: 52.0; Prelim: 52.0; Prev (May): 50.6
- Italy: Bbg Consensus: 48.7; Prev (May): 49.7
- Spain: Bbg Consensus: 50.1; Prev (May): 49.5
- According to the flash data, the manufacturing PMIs for both Germany & France
rose by more than 1pt in Jun
- However, the EZ aggregate index rose only marginally (by 0.1pt), suggesting
that the Italian & Spanish indices declined in Jun
- Indeed, markets expect Italy's manufacturing PMI to dip deeper into
contraction territory...
- ... while the Spanish index is expected to fall below the 50 no-change mark
for the first time since Feb

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