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France ‘severe’ drag on euro zone business recovery - Markit

Thursday, November 21, 2013 - 03:57

Nov. 21 - The fragile recovery in the euro zone private sector weakened unexpectedly this month, according to flash PMI data, with France the big drag.

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-- -- -- unexpectedly again in November I had to discuss rob Dobson senior economist ever market. -- A little bit of a slow a little bit of both men's and head but that but nothing -- of listen to submit a definite positive news viewers think coming up for the long punitive. We performance is still expanding fifth successive month expansion now puts us a good point. Book coming into the middle part of the final quarter. What was seen as -- -- some documents from being lost. There's gym and he still makes us with a strong. We look country on offense must be tracking down south which candidate ready Everett does come come down affront to what it is on the -- -- -- sect but overruled them on his outrage right. -- the case scheduled to sit in a positive spots like say for example in Gemini missile system but just talk about today and treating domestic demand. So that's what explosive manufacturers -- it frustrates inspectors. So that -- his remark by -- it. But outside -- particularly in France which we have these folks from the school there's still some pockets weakness in the -- and dots. If -- tracking down this which are back across the border drug process that a program. Still a problem you know that's the SOA news and numbers -- still much -- -- -- -- mine until skirts but in countries such as it is -- outside the -- Tested to petition -- as it is still a big problem. When a laws those countries experiencing very high double digit unemployment rates to DOC some nut jobs who's coming in seem. To -- to domestic market position where the periphery what are we saying with Singapore ruled stabilization that both awful and to me as soft focus Somalia. V dot economic -- these countries have been having over the past few years. Books they'll cigarette that's had to be structured and enforced restrictions since most people -- austerity in many cases. What many see as an economy stabilized and to make -- Texas loyalties and when is that gonna. Well could this still assured folks take a long time and bring immediate beginning of this boats. In many cases so bullets and if you think its grips -- close continues with outs and inflation which doesn't seem to be public but this made -- a -- Q isn't. There's on the Cyprus stalls to come back and -- the numbers seem a little bit easier to bat. A strong some of the the the the contraction that we -- six with a Q3 GDP contraction as well does that really armed. What what does -- say going forward about the Euro zone as a whole in terms of its growth and how much does it pull down my -- number. If both -- a bit -- very severely as he sold Jim numbers came -- -- there is an abuse of Texas expansion what was seen was this based expansion and -- Science W -- obvious town and vessels to -- on sleet and elements. Dot -- outlook Francis is the second largest economy in the eurozone -- is hunting well. You need change for me very well to offset -- thank you for now you're saying that management probably about the whole point view. -- found the -- in the open warmly received and key city so again. The NGOs and very much that stagnation point -- team well France posted on the coast perception that just a quick final question do you guys have a. View on all numb this OECD point and all of -- that are pushing it now on the QB from the ECB. I think the CBS decision many messages take some -- talked about it even negative to positive -- yes to accept. Anything issue as it at the CB committees house pull -- -- me Chris foods would be beneficial but again -- the logo and everybody's continues QE. Known -- yes that's how much economy after the securities have a -- considerable. It brought many things about rob Dobson senior economist over -- market. Of course compile these PMI numbers that's it for me Amex Acropolis is rice's.

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France ‘severe’ drag on euro zone business recovery - Markit

Thursday, November 21, 2013 - 03:57