Europe Flash PMI Better, Not Fabulous

December 16, 2014
By Knowledge Leaders Team in Uncategorized

While today’s better than expected rise in the flash PMI indicator (black line) for the euro zone is a welcome surprise, it would seem that it will take quite a bit more improvement before we can reasonably expect substantial progress in the recovery of important metrics such as GDP or industrial production:

By country, France continues to lag behind Germany:
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