Released yesterday by market research firm Markit data show that the final value of the euro area integrated Purchasing Managers' Index (PMI) in June, up from 46.0 in May to 46.4, better than the initial value of 46.0 economists had expected 46.0.
 
The data show that the euro zone services PMI is the final value in June from 46.7 in May rose to 47.1, also higher than the 46.8 initial value. The manufacturing PMI final value for 45.1 unchanged. Markit chief economist Chris Williamson said: "The June PMI final value increased slightly, but not been able to avoid the second quarter of the euro zone into three years of the worst quarter down signs," he said, this data indicates that second-quarter euro-zone economy will shrink by 0.6%.



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