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Eurozone Manufacturing Purchasing Managers Index (PMI)

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Eurozone Manufacturing Purchasing Managers Index (PMI)

Frequency

Delivery Method

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Status

 
Latest Release
Nov 22, 2024
Actual
45.2
Forecast
46.0
Previous
46.0
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Importance:
Country:
Currency: EUR
Source: Markit Economics
Eurozone Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 02, 2024 (Nov) 17:00     45.2
Nov 22, 2024 (Nov) 17:00   45.2 46.0 46.0
Nov 04, 2024 (Oct) 17:00 46.0 45.9 45.0
Oct 24, 2024 (Oct) 16:00   45.9 45.1 45.0
Oct 01, 2024 (Sep) 16:00 45.0 44.8 45.8
Sep 23, 2024 (Sep) 16:00   44.8 45.7 45.8

News

Dollar edges lower ahead of payrolls; euro benefits
Dollar edges lower ahead of payrolls; euro benefits By Investing.com - Sep 02, 2024

Investing.com - The U.S. dollar edged slightly lower Monday in thin holiday-affected trading, with traders awaiting key labor market data for clues of potential Federal Reserve interest rate cuts. At...

Analysis

Manufacturing PMI Discussion

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