EZ Flash Manufacturing PMI

Business activity in the euro area’s private sector continued to expand modestly midway through the third quarter of the year, according to provisional PMI® survey data. Output growth actually picked up to a three-month high in August, hinting at stronger growth momentum. Other signals from the latest set of surveys were less positive, however. New orders continued to fall, while there was a broad stagnation of staffing levels across the currency bloc amid the lowest business sentiment in the year-to-date. Meanwhile, the rate of ...

Provisional PMI® survey data signalled a near-stagnation of the eurozone private sector during July as the currency bloc’s economic recovery continued to wane. New orders fell for the second month running and business confidence dropped to a sixmonth low, leading firms to halt a spell of hiring which began at the start of 2024. Meanwhile, the rate of input cost inflation quickened, but demand weakness meant that companies raised their selling prices at a softer pace. In fact, the pace of charge inflation was the slowest since last ...

The eurozone’s economic recovery suffered a setback at the end of the second quarter of the year, according to provisional PMI® survey data. New orders decreased for the first time in four months, feeding through to softer expansions in business activity and employment. Meanwhile, business confidence dipped to the lowest since February. Rates of input cost and output price inflation eased to six- and eight-month lows respectively. The slowdown in growth of business activity seen in June was reflective of a softer expansion in the ...

The economic recovery in the eurozone gained momentum in May, according to provisional PMI survey data. Faster increases in business activity, new orders and employment were all recorded midway through the second quarter, while business confidence hit a 27-month high. Meanwhile, rates of inflation of both input costs and output prices softened from April, but remained above pre-pandemic averages in each case. Growth continued to be centred on the services sector, but manufacturing production neared stabilisation in May, falling only ...

Business activity in the euro area grew at the fastest rate for nearly a year in April, according to provisional PMI® survey data. The improvement indicates that the region continues to pull out of the recent downturn, albeit growing only modestly amid divergent sector performances. Increasingly robust service sector growth was nevertheless accompanied by signs of a further moderation of the manufacturing downturn. Jobs growth also accelerated as business confidence remained elevated by recent standards. Especially solid growth ...

Business activity in the euro area came close to stabilising in March, as provisional PMI® survey data registered only a marginal decline in output of goods and services. A modest recovery of service sector output gained momentum, accompanied by a softening in the rate of manufacturing output decline. However, ongoing falls in output in France and Germany offset a gathering upturn in the rest of the eurozone to point to an uneven economic picture. Encouragingly, order books fell at a reduced rate and business confidence about the ...

Business activity in the euro area fell at the slowest rate for eight months in February, according to provisional PMI® survey data, as a stabilisation of output in the service sector offset a further steep downturn in manufacturing. Business confidence about the year ahead improved, hitting a ten-month high and encouraging firms to raise staffing levels at a pace not seen since last July, adding to signs that the eurozone’s downturn is moderating. By country, a deepening contraction in Germany and sustained output fall in France ...

Business activity in the euro area fell at the slowest rate for six months in January, according to provisional PMI® survey data, albeit with downturns persisting in both manufacturing and service sectors amid further falls in new business. The overall contraction of new orders was nevertheless the smallest recorded since last June, helping stabilise employment levels and lift business optimism about the year ahead to an eight-month high. Although disruptions to shipping in the Red Sea caused supply chains to lengthen for the first ...