EMU: Flash PMI Manufacturing contraction continues in December

FXstreet.com (Barcelona) - Preliminary Eurozone PMI Manufacturing increased slightly to 46.3 points in December, from 46.2 points in November, according to data released today by Markit. The result is below market consensus of an increase to 46.6 points.

PMI Services rose to 47.8 points in December, following a 46.7 point reading the previous month and above forecasts of a increasing to 47.0.

Composite PMI ticked up to 47.3 from 46.5, in comparison with market consensus of 46.8.