Euro industry is growing – worried about France – Reuters Germany

Berlin (Reuters) – The industry in the euro zone is continuing its moderate recovery.

The Purchasing Managers’ Index Although in April fell by 0.2 points to 52.0, the Markit Institute announced to its survey of 3,000 companies on Monday. The barometer remained but above the mark of 50 points, from which it indicates growth. “The industrial sector continues its upward trend,” said Markit chief economist Chris Williamson. “Given the concerns about Greece, it is not surprising that the recovery path is proving to be bumpy.”

The fall in the euro area countries remains large. “Especially brightly flashing warning lights on France and Greece,” Williamson said. “Both countries registered at the beginning of the second quarter increased losses.” In Germany, the rate of expansion eased slightly. “The German industrial engine has downshifted a gear in April,” said Markit economist Oliver Kolodseike. Ireland and Spain did not grow more rapidly as before. Italy, however, reported the strongest growth in a year. In the Netherlands and in Austria it is uphill.

makes

hope the Development on the labor market. Here the eighth month new jobs were created as a result, and although like so many no longer since August 2011. Stock brokers see the euro zone therefore still on the up. The Leading Indicator of Investment Consulting Sentix fell slightly in May from 20.0 to 19.6 points, Sentix said his survey of more than 1000 investors with. “Overall, should be seen as a signal for a stable recovery of the currency area,” said Sebastian Wanke Sentix economist. The location was as good as no longer judged in almost four years, the prospects for the coming months, however slightly worse than last.

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