Euro Area Manufacturing PMI  2007-2018 | Data | Chart | Calendar

The IHS Markit Eurozone Manufacturing PMI came in at 60.6 in December 2017, unchanged from the preliminary reading and compared with 60.1 in November. The reading pointed to the strongest pace of expansion in the manufacturing sector since the series began in mid-1997, boosted by strong rates of expansion in output, new orders and employment. Among Eurozone's largest economies, PMI readings were at survey-record highs in Austria, Germany and Ireland, and remained close to November’s series peak in the Netherlands. Also, rates of expansion in France and Greece were the fastest for over 17 and 9 years respectively, and growth remained robust in Italy and Spain. Looking ahead to 2018, business optimism rose to its highest level since the series began in July 2012. The PMI averaged 57.4 in 2017, much higher than an annual average of 52.5 in 2016. Manufacturing PMI in the Euro Area is reported by Markit Economics.

Euro Area Manufacturing PMI
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Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.66 1.49 1.66 -3.83 Index Points [+]
Manufacturing PMI 60.60 60.10 60.60 33.50 [+]
Services PMI 56.60 56.20 58.30 39.20 Index Points [+]
Composite Pmi 58.10 57.50 58.10 45.70 Index Points [+]
Industrial Production 3.20 3.90 9.20 -21.60 percent [+]
Industrial Production Mom 1.00 0.40 2.50 -4.10 percent [+]
Manufacturing Production 4.20 4.60 10.10 -22.10 percent [+]
Capacity Utilization 83.80 83.20 85.30 69.60 percent [+]
Changes In Inventories 10.12 7.04 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 29.00 30.90 89.90 -63.70 [+]
Car Registrations 952.52 906.19 1130.00 669.00 Thousand [+]
Mining Production -20.60 -4.90 42.30 -26.70 percent [+]


Euro Area Manufacturing PMI

In the Euro Area, the Markit Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 3,000 manufacturing firms. National data are included for Germany, France, Italy, Spain, the Netherlands, Austria, the Republic of Ireland and Greece. These countries together account for an estimated 90% of Eurozone manufacturing activity. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Euro Area Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
60.60 60.10 60.60 33.50 2007 - 2017 Monthly
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manufacturing pmi by Country
Country Last
Australia 56.20 Dec/17
Brazil 52.40 Dec/17
Canada 54.70 Dec/17
China 51.50 Dec/17
Euro Area 60.60 Dec/17
France 58.80 Dec/17
Germany 63.30 Dec/17
India 54.70 Dec/17
Indonesia 49.30 Dec/17
Italy 57.40 Dec/17
Japan 54.00 Dec/17
Mexico 51.70 Dec/17
Netherlands 62.20 Dec/17
Russia 52.00 Dec/17
South Korea 49.90 Dec/17
Spain 55.80 Dec/17
Switzerland 65.20 Dec/17
Turkey 54.90 Dec/17
United Kingdom 56.30 Dec/17
United States 55.10 Dec/17


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