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Euro Area Manufacturing PMI
Last Release
Jan 31, 2023
Actual
48.8
Units In
Points
Previous
47.8
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
63.4 Jun 2021 | 33.4 Apr 2020 | 51.4 Points | 2007-2023 | Markit Economics |
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.
Latest Updates
The S&P Global Eurozone Manufacturing PMI was confirmed at 48.8 in January 2023, up from 47.8 in the previous month and pointing to the weakest pace of contraction in the sector since last August. New orders continued to fall, but at a rate that was the softest since May 2022, with new export business dropping for an eleventh month in a row. Backlogs of work declined sharply and employment growth picked up slightly to a three-month high. The survey also pointed to another month of broadly stable supply-chain conditions. On the price front, input cost inflation eased to a 26-month low, while selling prices increased at a slightly faster pace. Lastly, there was a notable improvement in business confidence during January, with growth expectations strengthening to their strongest since February 2022.
Euro Area Manufacturing PMI History
Last 12 readings
Euro Area Business Indicators
All Euro Area indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
Business Confidence | 0.69 Jan 2023 | 0.57 Dec 2022 | -3.18 May 2009 | 1.85 Jul 2021 | Points | Monthly | 1985-2023 |
Capacity Utilization | 81.4 Dec 2022 | 82.4 Sep 2022 | 69.6 Sep 2009 | 85.3 Dec 1989 | % | Quarterly | 1985-2022 |
Car Registrations | 765.9 Dec 2022 | 765.39 Nov 2022 | 199.77 Apr 2020 | 1,129.17 Aug 2018 | Thousand | Monthly | 1990-2022 |
Changes In Inventories | 64.44 Sep 2022 | 57.53 Jun 2022 | -22.69 Sep 2020 | 64.44 Sep 2022 | EUR Billion | Quarterly | 1995-2022 |
Composite PMI | 50.3 Jan 2023 | 49.3 Dec 2022 | 13.6 Apr 2020 | 60.2 Jul 2021 | Points | Monthly | 2012-2023 |
Employed Persons | 164.48 Sep 2022 | 164.11 Jun 2022 | 117.36 Jun 1984 | 164.48 Sep 2022 | Million | Quarterly | 1980-2022 |
Industrial Production | 2 Nov 2022 | 3.4 Oct 2022 | -28.1 Apr 2020 | 40.6 Apr 2021 | % | Monthly | 1991-2022 |
Industrial Production Mom | 1 Nov 2022 | -2 Oct 2022 | -19.2 Apr 2020 | 14.1 May 2020 | % | Monthly | 1990-2022 |
Industrial Sentiment | 1.3 Jan 2023 | -0.6 Dec 2022 | -37.6 Mar 2009 | 14.7 Jul 2021 | Monthly | 1985-2023 | |
Manufacturing PMI | 48.8 Jan 2023 | 47.8 Dec 2022 | 33.4 Apr 2020 | 63.4 Jun 2021 | Points | Monthly | 2007-2023 |
Manufacturing Production | 3.5 Nov 2022 | 4.7 Oct 2022 | -29.9 Apr 2020 | 44.2 Apr 2021 | % | Monthly | 1992-2022 |
Mining Production | -3.8 Nov 2022 | 0.3 Oct 2022 | -27.8 Apr 2009 | 42.3 Sep 1990 | % | Monthly | 1990-2022 |
Services PMI | 50.8 Jan 2023 | 49.8 Dec 2022 | 12 Apr 2020 | 59.8 Jul 2021 | Points | Monthly | 2007-2023 |
Services Sentiment | 10.7 Jan 2023 | 7.7 Dec 2022 | -43.5 May 2020 | 35 Jun 1998 | Monthly | 1995-2023 | |
Zew Economic Sentiment Index | 16.7 Jan 2023 | -23.6 Dec 2022 | -63.7 Jul 2008 | 89.9 Jan 2000 | Monthly | 1999-2023 |
Manufacturing PMI across Europe
Manufacturing PMI global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
48.4 Jan 2023 | 47.3 Dec 2022 | 31.6 Apr 2020 | 67 Jun 2021 | Points | Monthly | 2013-2023 | |
44.6 Jan 2023 | 42.6 Dec 2022 | 35.1 Apr 2020 | 62.7 Jun 2021 | Points | Monthly | 2011-2023 | |
54.9 Jan 2023 | 51.2 Dec 2022 | 25.02 Feb 2009 | 72.17 Oct 2021 | Points | Monthly | 1994-2023 | |
48.8 Jan 2023 | 47.8 Dec 2022 | 33.4 Apr 2020 | 63.4 Jun 2021 | Points | Monthly | 2007-2023 | |
50.5 Jan 2023 | 49.2 Dec 2022 | 31.5 Apr 2020 | 59.4 May 2021 | Points | Monthly | 2011-2023 | |
47.3 Jan 2023 | 47.1 Dec 2022 | 32 Jan 2009 | 66.6 Mar 2021 | Points | Monthly | 2008-2023 | |
49.2 Jan 2023 | 47.2 Dec 2022 | 29.5 Apr 2020 | 59.3 Aug 2021 | Points | Monthly | 2011-2023 | |
55 Jan 2023 | 59.3 Dec 2022 | 30.71 Mar 2020 | 65.5 Dec 2021 | Points | Monthly | 1995-2023 | |
50.1 Jan 2023 | 48.7 Dec 2022 | 36 Apr 2020 | 64.1 May 2021 | Points | Monthly | 2011-2023 | |
50.4 Jan 2023 | 48.5 Dec 2022 | 31.1 Apr 2020 | 62.8 Nov 2021 | Points | Monthly | 2012-2023 | |
49.6 Jan 2023 | 48.6 Dec 2022 | 40.5 May 2020 | 69.4 May 2021 | Points | Monthly | 2012-2023 | |
50 Jan 2023 | 50.05 Dec 2022 | 36.9 Feb 2009 | 64.12 Jul 2017 | Points | Monthly | 2004-2023 | |
47.5 Jan 2023 | 45.6 Dec 2022 | 31.9 Apr 2020 | 59.4 Jun 2021 | Points | Monthly | 2011-2023 | |
52.6 Jan 2023 | 53 Dec 2022 | 31.3 Apr 2020 | 54.7 Jan 2017 | Points | Monthly | 2011-2023 | |
48.4 Jan 2023 | 46.4 Dec 2022 | 30.8 Apr 2020 | 60.4 Jun 2021 | Points | Monthly | 2011-2023 | |
46.8 Jan 2023 | 45.9 Dec 2022 | 34 Dec 2008 | 70.4 Nov 1994 | Points | Monthly | 1994-2023 | |
49.3 Jan 2023 | 54.1 Dec 2022 | 33 Mar 2009 | 70 Jul 2021 | Points | Monthly | 1995-2023 | |
50.1 Jan 2023 | 48.1 Dec 2022 | 33.4 Apr 2020 | 56.9 Jul 2020 | Points | Monthly | 2011-2023 | |
47 Jan 2023 | 45.3 Dec 2022 | 32.6 Apr 2020 | 65.6 May 2021 | Points | Monthly | 2008-2023 |