It's The Same Old Story In Europe Today
Dec 4, 2013, 15:01 IST
On Monday we got manufacturing PMI reports from Europe.
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Today we get the same reports, but for the services industry. So how are things going? The below chart and table tell a classic story. There's modest growth overall, but look where it is. Germany is kicking ass. Everyone else is doing horribly, especially France, whose industries are hitting multi-month lows.
Classic old story. Germany rules. Everyone else does not.
