December 15 (Reuters) -
STRONG GROWTH AND RISING PRICES IN DECEMBER IN the EURO ZONE
LONDON – The year 2016 ends on an encouraging note for private sector activity in the euro area, with growth remaining strong and prices increasing at their own pace, the highest since mid-2011.
The composite PMI index calculated by IHS Markit on the basis of a monthly survey among purchasing managers remained stable at 53.9 in the first estimate, its highest level of the year, as expected by economists polled by Reuters.
This corresponds to a growth of approximately 0.4% in the fourth quarter, said Chris Williamson, chief economist of IHS Markit.
The sub-index of prices of finished products has reached 51.4 vs. 50.6 in November, its best level since July 2011.
The PMI “flash” the manufacturing sector is translated as to him the most rapid growth in the sector since April 2011, to 54.9 after 53.7 in November. It is therefore the highest (54,1) estimates collected by Reuters survey of 34 economists.
The growth has however slowed in the services sector, the PMI flash back to 53.1 after 53,8 last month, below the lowest of the estimates of the consensus, which gave it unchanged. Service companies remain optimistic, with the expectations index reaching a high of eight months to 63.6.
THE GERMAN PRIVATE TO ITS BEST QUARTER in 2 YEARS
BERLIN – The private sector in germany seems to be party to its best quarter in two and a half years, the dynamism of the manufacturing sector in the first economy of Europe offset the slight reduction in services in December, study shows Markit survey of purchasing managers released Thursday.
The composite PMI index Markit, which aggregates manufacturing and services, fell to 54.8 after 55.0 in November, which is both in line with the forecast of economists polled by Reuters and well above 50, the threshold separating growth and contraction in activity.
After you have reached 55,1 in October, the composite PMI index on the last three months of 2016, suggests that the growth of the private sector in germany could be the strongest since the second quarter of 2014, highlights the IHS Markit.
The activity in the manufacturing sector has accelerated more sharply than expected in December, with an index to 55.5, with a high of 35 months, due primarily to an increase of the goods production, new orders and stocks of inputs.
“The German manufacturing sector appears to be in particularly good health,” said Philip Leake, economist at IHS Markit.
“encouragingly, the goods manufacturers appear to be planning to increased sales in 2017, with an increase in stocks of inputs for the first time since October 2014″, he added.
If the activity in the service sector has experienced its lowest growth since September, companies in the sector, however, remain optimistic.
FRANCE-NET ACCELERATION OF THE GROWTH OF the PRIVATE
PARIS – the growth of The activity in the French private sector has clearly accelerated this month, displaying his pace, the highest level since June 2015 under the impetus of the manufacturing sector, according to the preliminary version of the indices Markit published on Thursday.
The overall index of the manufacturing sector amounted to 53.5, the highest level since may 2011, compared to 51,7 in November, while economists polled by Reuters had anticipated at 51.9.
The index of services is apparent from his side to 52.6 compared with 51.6 in November, while economists were expecting on average 52,0. The index is above the threshold of 50 for the sixth consecutive month.
The composite index, which combines elements of the service index and the manufacturing sector, increased for its share to 52.8, with a high of 18 months, after to 51.4 in November.
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