(Updated )
The PMIs for August suggest that economic momentum held broadly steady last month, with modest improvements in manufacturing helping to offset a further slowdown in construction activity. But with factory gate price declines accelerating, the economy clearly remains at risk of slipping back into deflation.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services