Eurozone PMI News - 7/2/12

Eurozone unemployment rose in May to a record 11.1%, up from April's 11.0%. Spain's rate climbs to 24.6%. Greece clocked in at 21.9%.  

U.K. June Manufacturing PMI rises to 48.6, beating expectations of 46.5 and better than the 45.9 registered in May. Input prices fall at fastest pace since May 2009 

Eurozone PMI June Manufacturing comes in at 45.1, unchanged from May but up slightly from the June flash estimate of 44.8. Ireland and Austria were the only nations to see growth. The data rounds off the weakest quarter in three years

Italian unemployment comes in at 10.1% vs. 10.3% expected and 10.2% prior

German Manufacturing PMI (final) comes in at 45.0 in June, better than a prior estimate of 44.7 but down from May's 45.2. It's the lowest reading in three years.

France June Manufacturing PMI (final) comes in at 45.2 vs. prior estimate of 45.3. It's up from May's three-year low of 44.7 but jobs were cut at the fastest pace since Sept. 2009

Italy June Manufacturing PMI at 44.6, down slightly from 44.8 in May. New orders drop sharply. Input prices decrease at fastest rate since July 2009

Spain June PMI Manufacturing falls to 41.1 vs 42.0 in May. This is the fifth month of acceleration in the rate of output decline. The sharp reduction in employment continues

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