Prior readings in parenthesis:
Manufacturing: -16.7 (-18.3)
Business-related services: +7.0 (+3.8)
Construction: -5.3 (-8.6)
Trade: -9.7 (-4.5)
Overall: -11.1 (-12.8)
This is a leading indicator for Europe, though it’s a small bump and trade is a big drag.
This article was written by Adam Button at www.forexlive.com.
