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Eurozone economy 'losing momentum' as Germany falters
Associated Press ^
| Sep 5, 2016 5:29 AM EDT
| Pan Pylas
Posted on 09/05/2016 6:03:31 AM PDT by Olog-hai
The 19-country eurozone lost some economic momentum in August, largely because of a slowdown in Germany, a closely watched survey showed Monday, days ahead of another possible stimulus package from the European Central Bank.
Financial information company IHS Markit said its purchasing managers’ index — a broad gauge of economic activity — for the eurozone fell to a 19-month low of 52.9 points in August from 53.2 the previous month. The fall was unexpected as the initial estimate for August was 53.3.
In spite of the fall, the eurozone is still growing, albeit sluggishly as anything above 50 indicates expansion. IHS Markit said the August reading is pointing to a quarterly economic growth rate of 0.3 percent. …
(Excerpt) Read more at hosted.ap.org ...
TOPICS: Business/Economy; Foreign Affairs; Germany
KEYWORDS: brexit; eucentralbank; eucrisis; eurobanking; eurozone; eussr; germany; germanyeconomy; merkel; stimulus; unexpected
1
posted on
09/05/2016 6:03:31 AM PDT
by
Olog-hai
To: Olog-hai
“The fall was unexpected . . ..”
Apparently Globalist economist the World over have the same failings.
Oldplayer
2
posted on
09/05/2016 6:05:45 AM PDT
by
oldplayer
To: oldplayer
Unexpected. Just like an untimely death. Yeah that’s way unexpected too.
3
posted on
09/05/2016 6:10:55 AM PDT
by
mindburglar
(When Superman and Batman fight, the only winner is crime.)
To: oldplayer
Unexpected. Just like an untimely death. Yeah that’s way unexpected too.
4
posted on
09/05/2016 6:10:55 AM PDT
by
mindburglar
(When Superman and Batman fight, the only winner is crime.)
To: Olog-hai
“The 19-country eurozone lost some economic momentum in August, largely because of a slowdown in Germany...”
“g,e,r,m,a,n,y”, huh, that’s a funny way to spell “Brexit”. We were assured by all the right people, who are much smarter than us, that Brexit would be the starting point of immediate and total economic apocalypse.
5
posted on
09/05/2016 6:15:47 AM PDT
by
jiggyboy
(Ten percent of poll respondents are either lying or insane)
To: Olog-hai
murkul is to blame. She needs to resign.
6
posted on
09/05/2016 6:22:25 AM PDT
by
I want the USA back
(The media is acting full-on as the Democratic Party's press agency now: Robert Spencer)
To: I want the USA back
7
posted on
09/05/2016 6:33:56 AM PDT
by
EQAndyBuzz
(It appears as if Trump is our Yeltsin.)
Let's put this FReep-a-thon out of it's misery today.
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8
posted on
09/05/2016 6:41:07 AM PDT
by
DoughtyOne
(He wins & we do, our nation does, the world does. It's morning in America again. You are living it!)
To: DoughtyOne
9
posted on
09/05/2016 6:42:41 AM PDT
by
MEG33
(DONATE MONTHLY AND HELP END FREEPATHONS)
To: MEG33
10
posted on
09/05/2016 6:45:51 AM PDT
by
DoughtyOne
(He wins & we do, our nation does, the world does. It's morning in America again. You are living it!)
To: Olog-hai
Germany expected Workers and all they received were Welfare cases
To: Olog-hai
Most people are vacationing in August, some companies shut down altogether for a few weeks - of course that slows things down.
12
posted on
09/05/2016 9:20:52 AM PDT
by
Moltke
(Reasoning with a liberal is like watering a rock in the hope to grow a building)
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