Latest data released by Markit/BME - 4 January 2019
- Composite PMI 51.6 vs 52.2 prelim
Preliminary figures can be found here. Misses relative to initial estimates also for Germany. That's not too encouraging as we look towards any signs of a recovery to start the new year. The good news is that this is old data (final estimates) and PMI prints are basically just survey data. Nonetheless, if the trend persists, that will continue to be a drag on the euro moving forward.
