The S&P Global Eurozone Manufacturing PMI rose to 51.9 in July 2026 from 51.4 in June, broadly matching the preliminary estimate of 52.0 and signaling the strongest improvement in factory conditions since April. Manufacturing output expanded at its fastest pace since March 2022, supported by the completion of backlogged orders and a modest increase in new business. However, demand remained subdued, with new orders rising only marginally and export orders declining again. Backlogs of work fell for a third consecutive month, recording the sharpest depletion since January, while manufacturers continued to cut jobs and reduce purchasing activity. Cost pressures remained elevated but eased to a five-month low, allowing factory gate price inflation to soften to its weakest level since March. Meanwhile, business confidence improved to its highest level since February, although it remained below its long-run average. source: S&P Global

Manufacturing PMI In the Euro Area increased to 51.90 points in July from 51.40 points in June of 2026. Manufacturing PMI in Euro Area averaged 50.67 points from 2007 until 2026, reaching an all time high of 63.40 points in June of 2021 and a record low of 33.40 points in April of 2020. This page provides the latest reported value for - Euro Area Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI In the Euro Area increased to 51.90 points in July from 51.40 points in June of 2026. Manufacturing PMI in Euro Area is expected to be 50.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Manufacturing PMI is projected to trend around 52.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies QoQ 0.40 2.60 percent Mar 2026
Business Confidence -0.19 -0.36 points Jul 2026
Capacity Utilization 78.50 77.60 percent Jun 2026
Car Registrations 816092.40 801936.60 Units Jun 2026
Changes in Inventories 28.52 31.70 EUR Billion Mar 2026
Industrial Production YoY 0.10 -0.10 percent Jun 2026
Industrial Production MoM 0.00 0.30 percent Jun 2026
Industrial Sentiment -6.10 -7.50 points Jul 2026
Manufacturing Production 0.20 -0.10 percent Jun 2026
Mining Production -4.00 -1.80 percent Jun 2026
Services Sentiment 4.70 4.20 points Jul 2026
ZEW Economic Sentiment Index 23.40 9.50 points Jul 2026


Euro Area Manufacturing PMI
The S&P Global Eurozone Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to survey panels of manufacturers in Germany, France, Italy, Spain, the Netherlands, Austria, Ireland and Greece, totaling around 3,000 private sector companies. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Eurozone Manufacturing Growth Strengthens to Highest Since April
The S&P Global Eurozone Manufacturing PMI rose to 51.9 in July 2026 from 51.4 in June, broadly matching the preliminary estimate of 52.0 and signaling the strongest improvement in factory conditions since April. Manufacturing output expanded at its fastest pace since March 2022, supported by the completion of backlogged orders and a modest increase in new business. However, demand remained subdued, with new orders rising only marginally and export orders declining again. Backlogs of work fell for a third consecutive month, recording the sharpest depletion since January, while manufacturers continued to cut jobs and reduce purchasing activity. Cost pressures remained elevated but eased to a five-month low, allowing factory gate price inflation to soften to its weakest level since March. Meanwhile, business confidence improved to its highest level since February, although it remained below its long-run average.
2026-08-03
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