Eurozone Manufacturing Growth Picks Up Slightly

2026-07-24 08:14 By Kyrie Dichosa 1 min. read

The S&P Global Eurozone Manufacturing PMI rose to 52.0 in July 2026 from 51.4 in June, above expectations of 51.5, preliminary data showed.

This also marked the steepest expansion in three months, supported by a stronger increase in output, as the manufacturing output index climbed to 53.0 from 51.7, marking the strongest pace since March 2022.

Manufacturers kept purchasing activity broadly unchanged, while easing supply-chain disruptions allowed firms to increase input inventories for the first time in three-and-a-half years.

However, manufacturers continued to reduce staffing levels.

On the price front, manufacturing input cost inflation slowed in July, while output price inflation also eased, although cost pressures remained elevated.

Looking ahead, manufacturers' confidence regarding future output improved slightly.



News Stream
Eurozone Manufacturing Growth Picks Up Slightly
The S&P Global Eurozone Manufacturing PMI rose to 52.0 in July 2026 from 51.4 in June, above expectations of 51.5, preliminary data showed. This also marked the steepest expansion in three months, supported by a stronger increase in output, as the manufacturing output index climbed to 53.0 from 51.7, marking the strongest pace since March 2022. Manufacturers kept purchasing activity broadly unchanged, while easing supply-chain disruptions allowed firms to increase input inventories for the first time in three-and-a-half years. However, manufacturers continued to reduce staffing levels. On the price front, manufacturing input cost inflation slowed in July, while output price inflation also eased, although cost pressures remained elevated. Looking ahead, manufacturers' confidence regarding future output improved slightly.
2026-07-24
Eurozone Manufacturing Expansion Slows in June
The S&P Global Eurozone Manufacturing PMI declined to 51.4 in June 2026 from 51.6 in May, broadly aligning with the preliminary estimate of 51.3. Despite the slight slowdown, the sector has now remained in expansion territory for a fifth consecutive month, rounding off the strongest calendar quarter for euro area manufacturing production since the first months of 2022. This growth helps counterbalance the recent downturn observed in the services economy. In June, output growth picked up from May’s four-month low, although new orders saw only a marginal increase and employment continued to fall. Supplier capacity remained under pressure due to the ongoing Middle East conflict. Meanwhile, both input and output cost inflation moderated from multi-year highs, and business confidence climbed to a four-month high.
2026-07-01
Eurozone Manufacturing Growth Slows Again
The S&P Global Eurozone Manufacturing PMI edged down to 51.3 in June 2026 from 51.6 in May, slightly below market expectations of 51.6, preliminary data showed. The sector remained in expansion for a fifth consecutive month, but growth slowed for a second month, as supply chain disruptions linked to the Middle East conflict still weighed on activity. The sector continued to benefit from inventory building as customers bought ahead of expected price rises and possible supply issues, supporting demand. New orders rebounded marginally. Meanwhile, employment continued to decline, and business sentiment remained weak. On the price front, input costs continued to rise rapidly, but the rate of inflation slowed. Selling prices also moderated, although less than input costs.
2026-06-23