Euro Area Composite PMI  2012-2018 | Data | Chart | Calendar | Forecast

The IHS Markit Eurozone Composite PMI dropped to 57.5 in February 2018 from a near 12-year high of 58.8 in the previous month, below market consensus of 58.5. Although the PMI slipped to a three-month low, it continues to point to robust growth in businesses. Pace of job creation remained at one of the highest in the last 17 years and business optimism about the coming year ticked higher. However, the pace of new orders fell to a five-month low due to a slowdown in export orders, as the rate of input cost inflation and selling price inflation remained at levels exceeded only rarely since early-2011. Across sectors, output growth slowed for both manufacturing (PMI at 58.5 vs 59.6 in January) and services (PMI at 56.7 vs 58). Composite Pmi in the Euro Area is reported by Markit Economics.

Euro Area Composite PMI
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Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.54 1.60 1.60 -3.82 Index Points [+]
Manufacturing PMI 58.50 59.60 60.60 33.50 [+]
Services PMI 56.70 58.00 58.30 39.20 Index Points [+]
Composite Pmi 57.50 58.80 58.80 45.70 Index Points [+]
Industrial Production 5.20 3.70 9.20 -21.60 percent [+]
Industrial Production Mom 0.40 1.30 2.50 -4.10 percent [+]
Manufacturing Production 5.90 4.50 10.10 -22.10 percent [+]
Capacity Utilization 84.40 83.80 85.30 69.60 percent [+]
Changes In Inventories 10.12 7.04 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 29.30 31.80 89.90 -63.70 [+]
Car Registrations 955.52 948.93 1130.00 669.00 Thousand [+]
Mining Production -0.10 -6.80 42.30 -26.70 percent [+]

Euro Area Composite PMI

In the Euro Area, the Markit Eurozone PMI Composite Output Index tracks business trends across both the manufacturing and service sectors, based on data collected from a representative panel of over 5,000 companies (60 percent from the manufacturing sector and 40 percent from the services sector). The index tracks variables such as sales, new orders, employment, inventories and prices. National data are included for Germany, France, Italy, Spain, Austria, the Netherlands, Greece and the Republic of Ireland. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides the latest reported value for - Euro Area Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Composite PMI - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
57.50 58.80 58.80 45.70 2012 - 2018 Index Points Monthly

composite pmi by Country
Country Last
Australia 54.20 Jan/18
Brazil 50.70 Jan/18
China 53.70 Jan/18
Euro Area 57.50 Feb/18
France 57.80 Feb/18
Germany 57.40 Feb/18
India 52.50 Jan/18
Italy 59.00 Jan/18
Japan 52.80 Jan/18
Russia 54.80 Jan/18
United Kingdom 53.50 Jan/18
United States 55.90 Feb/18