EMU: Flash PMI Manufacturing falls more than expected in August

FXStreet (Łódź) - Preliminary Eurozone PMI Manufacturing dropped to 50.8 in August, from 51.8 in July, according to data released today by Markit. The result is below forecasts of 51.4.

PMI Services declined to 53.5 in August, from 54.2 recorded the previous month and slightly below expectations of a slide to 53.6.

PMI Composite fell a notch to 52.8, from 53.8, below consensus of 53.4.