(IHS Markit) The Eurozone manufacturing PMI dipped to 61.4 in August from 62.8 in July, a second consecutive month of slowing growth.
The growth at the investment goods manufacturers remained ahead of consumer goods and intermediate goods makers for the 12th consecutive month.
Employment remained on an upward trend since February, as firms continued to increase their workforce to boost capacity. Job creation dropped slightly from an all-time high in July.
Supplier delivery periods increased in August, though at a lower rate from a record high in May, as the demand for inputs went up.
Goods production in the Eurozone expanded from July 2020, though at a six-month slow pace.
August saw a slowdown in cost-driven inflation, the first downturn since input prices took an upward trend in August 2020.
Manufacturers’ positive outlook in the next year eased to the lowest since November 2020, though with strong positive sentiments.
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