U.S. PMI in June for the first time in three years below the 50
U.S. Institute for Supply Management released data show that U.S. manufacturing purchasing managers index (PMI) in June was 49.7, down significantly compared to 53.5 in May, well below market expectations.
This is the index dropped to 50 the fortunes of line the first time since July 2009.
Euro-zone manufacturing data released the same day, the poor performance. June, the euro zone manufacturing PMI final value of 45.1, unchanged from May. Germany's June manufacturing PMI final value of 45, the highest three years to a new low.
Weak performance impact of the economic data, as at Beijing at 22:30 on the 2nd, the New York Mercantile Exchange for August delivery of light sweet crude fell 2.15 percent to $ 83.13 a barrel; Dow Jones index fell 0.45 percent, the S & P 500 Index fell 0.3 percent and the Nasdaq composite index rose 0.06%; the UK FTSE 100 index rose 0.51 percent, Germany's DAX index rose 0.81 percent, the French CAC40 index rose 0.89 percent.
PMI trap 3-year trough in the euro area in June
2, the market research firm Markit announced that the latest data, said the euro zone manufacturing purchasing managers index (PMI) in June the final value of 45.1, unchanged from May, higher than the initial value of the previously reported 44.8, but remained at 2009 6 lowest level since January. Regional manufacturing contraction trend has continued for 11 months.
Specific member in June, the five largest euro area Member States manufacturing in contraction, Germany June PMI is 45, fell to three-year low for the fourth consecutive month, fell, and not to 45.2 in May .
France in June manufacturing PMI fell to 45.2, less than the expected value of 45.3, but 44.7 in May. Manufacturing in Italy, Spain and the Netherlands have different degrees of deterioration. Among them, Spain June manufacturing PMI was 41.1 for the 37 months since the May 2009 low, less than the expected value of 41.5 and May 42.
Highly indebted member states, Greece in June manufacturing PMI fell from 43.1 in May to 40.1, sit tight in the euro area member states bottom.
Manufacturing output and new orders shrink, resulting in a marked decline in the euro zone jobs, youth unemployment is severe. According to data released by Eurostat, the euro area unemployment rate in May climbed by 11 percent in April to 11.1 percent, a record high. Euro area youth unemployment rate in May climbed to 22.6 percent from 20.5 percent in April to The EU unemployment rate has reached 11.3%.
Specific member to see May, the German unemployment rate is still 7 remain unchanged, maintained at 5.6%.
The French unemployment rate rose 0.1 percentage points to 10.1%. The Spanish unemployment rate is still highest in the euro zone top, soared to 24.6 percent, the country's youth unemployment rate up to 52.1%.
The unemployment rate in Italy in May from 10.2% in April to 10.1%, but the youth unemployment rate of 36.2% since 1992, a new high.
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