10:15 (Il Sole 24 Ore Thomson Plus) – Rome, 23 Dec – ‘the flash index in August PMI indicates that the pace of growth of the Eurozone in the third quarter remained constant, with no signs of derailment for the uncertainties of Brexit’. Chris Williamson, chief economist at IHS Markit said the data released by highlighting: ‘The survey data show a third quarter in line with the growth rate on a quarterly basis Eurozone GDP of 0.3%, or 1.2% annualized , similar to that observed on average in the first six months of 2016. the strong growth rate of 0.5% in Germany and ‘was accompanied by a return to modest growth in France, while the rest of the region recorded a rise after slowing in the second quarter. Williamson ‘While the capacity’ of recovery of SMEs in August will strengthen ‘the ECB belief that the near further intervention is not’ necessary, the weakness of the overall growth rate and disappointing employment trends, the orders in entrance, optimism and price lead us to consider that those responsible for monetary policy will leave a door open to additional stimuli more ‘later in the year. “com-ale (RADIOCOR) 08/23/16 10:15: 56 (0162) 3


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