Category: PMIs

Darkest Days Likely Over for Eurozone Factories, December PMIs Show

January 2, 2023
Business & MarketsCompanieseconomyEuropeeurozoneinflationPMIsWorld
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LONDON—The downturn in eurozone manufacturing activity has likely passed its trough as supply chains begin to recover and inflationary pressures ease, a survey showed on Monday, leading to a rebound in optimism among factory managers. S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) bounced to 47.8 in December from November’s 47.1, matching a preliminary reading…

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Euro Zone Business Growth Slowed in October, Prices Soared: PMIs

October 22, 2021
BusinessBusiness & EconomyCompaniesEconomieseuroEuropegrowthoctoberPMIsUKWorld
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LONDON―Growth in euro zone business activity slowed this month as firms faced soaring costs due to supply-chain constraints, while the bloc’s dominant service industry struggled amid ongoing COVID-19 concerns, a survey showed on Friday. IHS Markit’s Flash Composite Purchasing Managers’ Index (PMI), a good gauge of overall economic health, fell to a six-month low of…

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