Eurozone Manufacturing Purchasing Managers Index (PMI)

  • Eurozone Manufacturing Purchasing Managers Index (PMI) results in real time as they're announced. Read related news and analysis, get historical data, and see the immediate global market impact.
EUR
Actual
44.2
Forecast
43.8
Previous
43.1
Latest Release
Dec 01, 2023
Importance
Source
Markit Economics
Overview
The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms throughout the region. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. While manufacturing accounts for a far smaller percentage of economic output than services, it is far more cyclical and is therefore a useful indicator of where in the economic cycle the economy is currently situated.

A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Dec 01, 2023 (Nov) 14:30 44.2 43.8
43.1
Nov 23, 2023 (Nov) 14:30 43.8 43.4
43.1
Nov 02, 2023 (Oct) 14:30 43.1 43.0
43.4
Oct 24, 2023 (Oct) 13:30 43.0 43.7
43.4
Oct 02, 2023 (Sep) 13:30 43.4 43.4
43.5

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