Eurozone August Services PMI at 50.5... Slightly Above Preliminary Estimate
[Asia Economy Reporter Choi Dong-hyun] The Eurozone (19 countries using the euro) service sector Purchasing Managers' Index (PMI) for August slightly exceeded expectations.
According to Bloomberg on the 3rd (local time), the final service sector PMI for the Eurozone in August was 50.5, surpassing the preliminary figure of 50.1. The Eurozone's service sector PMI for July was 54.7.
Germany's final service sector PMI for August was 52.5, exceeding the preliminary figure of 50.8. Germany's service sector PMI for July was 55.6.
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The United Kingdom's final service sector PMI for August was 58.8, slightly below the preliminary figure of 60.1. The UK's service sector PMI for July was 56.5.
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