Flash Conjoncture Advanced countries – The purchasing managers’ index is falling in the euro zone

In the eurozone, the purchasing managers’ index (PMI) for the manufacturing sector fell in June (43.4 after 44.8), particularly in Germany (40.6 after 43.2), in Italy (43.8 after 45.9) and in Spain (48.0 after 48.4), as well as at United Kingdom (46.5 after 47.1), at Japan (49.8 after 50.6), and to UNITED STATES (46.0 after 46.9 for the ISM index). The evolution of the indices of the services sector is more disparate, this one fell in June in eurozone (52.0 after 55.1), in Germany (54.1 after 57.2), in Italy (52.2 after 54.0), in Spain (53.4 after 56.7), at United Kingdom (53.7 after 55.2) and at Japan (54.0 after 55.9) but is progressing to UNITED STATES (53.9 after 50.3). In eurozone in May, retail sales were stable (+0.0% after −0.1%), while they increased slightly in Italy (+0.7% after +0.2%). In May, total industrial production recovered in Spain (+0.6% after −1.9%), but fell in Germany (−0.2% after +0.2%), while orders to German industry rebounded (+6.4% after +0.2%). The trade surplus ofGermany decreased in May (+€14.4 billion after +€16.5 billion), and the trade deficit of UNITED STATES reduced (−$69.0 billion after −$74.4 billion). In June, the unemployment rate for UNITED STATES decrease (3.6% after 3.7%).