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Eurozone Manufacturing Purchasing Managers Index (PMI)

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Eurozone Manufacturing Purchasing Managers Index (PMI)

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Latest Release
Mar 24, 2017
Actual
56.2
Forecast
55.3
Previous
55.4
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
Apr 03, 2017 (Mar) 04:00     56.2
Mar 24, 2017 (Mar) 05:00   56.2 55.3 55.4
Mar 01, 2017 (Feb) 05:00 55.4 55.5 55.5
Feb 21, 2017 (Feb) 05:00   55.5 55.0 55.2
Feb 01, 2017 (Jan) 05:00 55.2 55.1 55.1
Jan 24, 2017 (Jan) 05:00   55.1 54.8 54.9

News

text
Euro zone manufacturing PMI 56.2 vs. 55.3 forecast By Investing.com - Mar 24, 2017

Investing.com - The euro zone’s manufacturing PMI rose unexpectedly last month, preliminary data showed on Friday. In a report, research group Markit said the euro zone’s manufacturing ...

text
The Week Ahead: 5 Things to Watch on the Economic Calendar By Investing.com - Mar 19, 2017

Investing.com - Following a busy week packed with central bank meetings and European elections, market players will focus on a handful of Federal Reserve speakers in the week ahead, including Chair ...

Analysis

Kenny Fisher
DAX Steady As German Business Climate Climbs By Kenny Fisher - 21 hours ago

The DAX Index has edged upwards on Monday, as the DAX trades at 11,963.25. On the release front, German Ifo Business Climate climbed to 112.3, above the forecast of 111.2 points. In the eurozone, M3 ...

Manufacturing PMI Discussion

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All Comments (2)
YaS KhaN
YaS KhaN Apr 01, 2015 8:05AM GMT
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what down euro or usd?.
anil kumar
anil kumar Jan 02, 2015 9:03AM GMT
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DOWN.
 
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