Eurozone Manufacturing PMI Nears Stabilization in July

2025-08-01 08:32 By Joana Ferreira 1 min. read

The HCOB Eurozone Manufacturing PMI was confirmed at 49.8 in July 2025, up from 49.5 in June, marking the slowest contraction in the sector since July 2022 and signaling a move toward stabilization.

Output continued to grow, albeit at the weakest pace since March, while new orders declined again, reflecting ongoing weakness in export demand.

On the employment front, job shedding eased to its slowest rate since June 2023.

Price pressures remained muted, and business confidence dipped slightly but stayed above the long-term average.

At the country level, Ireland led euro area manufacturing, while the Netherlands, Spain, and Greece also saw solid growth.

Elsewhere, PMI readings improved but remained below the 50.0 threshold, signaling slower contraction.

Germany’s PMI reached a near three-year high, while France and Austria recorded the weakest performance in the bloc.



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