Euro Area Manufacturing PMI - Forecast

Manufacturing PMI in Euro Area is expected to be 54.40 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Euro Area to stand at 55.10 in 12 months time. In the long-term, the Euro Area Manufacturing PMI is projected to trend around 53.10 in 2020, according to our econometric models.


Forecast Data Chart
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Euro Area Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 1.22 1.15 1.11 0.75 1.15 1
Manufacturing PMI 53.3 53.3 55.9 57.4 55.1 53.1
Services PMI 54.7 54.7 56.4 56.1 55.4 53.3
Composite Pmi 54.2 54.2 57.5 57 56.4 52.7
Industrial Production -0.1 3.4 2.8 2.6 3.2 2.4
Industrial Production Mom -0.8 -0.6 0.5 0.3 -0.4 0.3
Manufacturing Production 0.2 3.2 3.8 3.6 4 3.9
Capacity Utilization 84.1 84.1 84.5 84.1 84 84.5
Changes In Inventories 15.8 9.4 6.8 4.5 7.1 6
Zew Economic Sentiment Index -7.2 -6.8 5.1 9.5 10.5 25
Car Registrations 1169 942 962 917 932 992
Mining Production -6.5 1.9 1.6 1.4 1.5 2.1