Euro Area Manufacturing PMI  Forecast 2016-2020

Manufacturing PMI in Euro Area is expected to be 54.10 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 54.80 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.

Euro Area Manufacturing PMI
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Euro Area Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 1.05 0.86 0.75 0.78 0.81 1
Manufacturing PMI 57.4 54.1 53.7 54.5 54.8 53.1
Services PMI 54.9 54.4 53.7 54.4 54.2 53.3
Composite Pmi 55.8 54.6 53.9 54.2 58.8 51.9
Industrial Production 2.6 2.2 2.1 2.3 2.2 2
Industrial Production Mom -0.6 0.3 0.4 0.2 0.3 0.1
Manufacturing Production 2.4 2 1.7 2.3 2.4 1.9
Capacity Utilization 83.2 82.8 82.9 83 83.1 84.8
Changes In Inventories 7.58 7.4 7.43 7.41 7.4 7.41
Zew Economic Sentiment Index 29.3 26 22 25 24 32
Car Registrations 913 897 904 908 871 948
Mining Production 2.5 0.2 0.4 1.5 2 2.1