Eurozone August flash services PMI 50.7 vs 50.8 expected

Prior 51.0Manufacturing PMI 50.5 vs 49.5 expectedPrior 49.8Composite PMI 51.1 vs 50.7 expectedPrior 50.9It's been a while but for a change at least the manufacturing sector is the one doing the heavy lifting in August. The better showing there sees the euro area economy fare better on the month, led by Germany of course. The manufacturing reading itself is a 38-month high with the output index improving to hit a 41-month high.