ECONOMICS COMMENTARY
Jun 13, 2013
Week Ahead Economic Overview [17-21 Jun]: Flash PMIs updated for the US, China and the eurozone
We calculate the flash PMI data for June next week, publishing the results on Thursday for China, the eurozone and the US. May data showed China's manufacturing PMI slipping below the 50.0 no-change level for the first time in seven months, but the eurozone's downturn showed signs of easing. The region's recession, nevertheless, looks likely to have dragged on for a seventh successive quarter. In the US, the manufacturing sector has meanwhile seen growth slow sharply compared to the strong growth seen in the first quarter.
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