Composite Pmi in Euro Area is expected to be 57.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Euro Area to stand at 55.10 in 12 months time. In the long-term, the Euro Area Composite PMI is projected to trend around 52.70 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Euro Area Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 1.01 1.11 0.75 1.15 1.1 1
Manufacturing PMI 52 55.9 57.4 55.1 54.5 53.1
Services PMI 53.7 56.4 56.1 55.4 55.1 53.3
Composite Pmi 53.1 57.5 57 56.4 55.1 52.7
Industrial Production 0.9 2.8 2.6 3.2 3 2.4
Industrial Production Mom 1 0.5 0.3 -0.4 -0.6 0.3
Manufacturing Production 1.1 3.8 3.6 4 3.8 3.9
Capacity Utilization 83.9 84.5 84.1 84 84 84.5
Changes In Inventories 15.8 6.8 4.5 7.1 7.5 6
Zew Economic Sentiment Index -22 5.1 9.5 10.5 15.4 25
Car Registrations 732 962 917 932 951 992
Mining Production -8.7 1.6 1.4 1.5 1.4 2.1