The S&P Global Eurozone Manufacturing PMI edged down to 52.7 in October 2026, from September’s four-year high of 52.9, but came in slightly above the preliminary estimate of 52.4, signaling continued expansion in the manufacturing sector. Output growth slowed to a four-month low but remained solid overall. Total new business increased at a softer pace, while employment continued to increase and purchasing activity expanded at its fastest pace since May 2022. Manufacturers also stepped up stockpiling to the greatest extent in nearly four years, as supplier delivery times lengthened and input cost inflation accelerated. Input prices rose at their fastest pace since May, prompting manufacturers to raise selling prices sharply, although the pace of increase was broadly unchanged from September. Meanwhile, business confidence remained in positive territory but weakened further, falling below its long-run average. source: S&P Global

Manufacturing PMI In the Euro Area decreased to 52.70 points in October from 52.90 points in September of 2026. Manufacturing PMI in Euro Area averaged 50.70 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 decreased to 52.70 points in October from 52.90 points in September of 2026. Manufacturing PMI in Euro Area is expected to be 51.50 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 6.90 -2.30 percent Jun 2026
Business Confidence 0.09 -0.05 points Oct 2026
Capacity Utilization 77.90 78.50 percent Sep 2026
Car Registrations 841158.40 796542.10 Units Sep 2026
Changes in Inventories 10.48 28.89 EUR Billion Jun 2026
Industrial Production YoY -1.10 -0.30 percent Aug 2026
Industrial Production MoM -0.50 -0.30 percent Aug 2026
Industrial Sentiment -3.40 -3.90 points Oct 2026
Manufacturing Production -1.70 -0.80 percent Aug 2026
Mining Production -4.40 -2.70 percent Aug 2026
Services Sentiment 5.30 5.90 points Oct 2026
ZEW Economic Sentiment Index 18.50 25.80 points Oct 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 Remains Solid in October
The S&P Global Eurozone Manufacturing PMI edged down to 52.7 in October 2026, from September’s four-year high of 52.9, but came in slightly above the preliminary estimate of 52.4, signaling continued expansion in the manufacturing sector. Output growth slowed to a four-month low but remained solid overall. Total new business increased at a softer pace, while employment continued to increase and purchasing activity expanded at its fastest pace since May 2022. Manufacturers also stepped up stockpiling to the greatest extent in nearly four years, as supplier delivery times lengthened and input cost inflation accelerated. Input prices rose at their fastest pace since May, prompting manufacturers to raise selling prices sharply, although the pace of increase was broadly unchanged from September. Meanwhile, business confidence remained in positive territory but weakened further, falling below its long-run average.
2026-11-02
Euro Area Manufacturing Growth Slows to 3-Month Low
The S&P Global Eurozone Manufacturing PMI edged down to 52.4 in October 2026, its lowest level in three months, from 52.9 in September and below market expectations of 52.7. Manufacturing employment declined slightly following two consecutive months of growth. However, input purchasing continued to expand, with the pace accelerating to its joint-fastest in nearly four-and-a-half years, matching the rate recorded in April amid precautionary stockpiling linked to the ongoing conflict in the Middle East. As a result, manufacturers’ stocks of purchases increased for the first time in almost four years. Meanwhile, supplier lead times lengthened significantly, marking the sharpest deterioration in four months. On the price front, input costs rose sharply in October, driven by higher energy, fuel, and transportation costs. The increase was the steepest since May and exceeded the year-to-date average.
2026-10-23
Euro Area Manufacturing Expansion Gathers Pace
The S&P Global Eurozone Manufacturing PMI rose to 52.9 in September 2026, the most since May 2022 and above preliminary estimates of 52.7. Demand improved notably, with new orders increasing at their fastest pace since March 2022, while export sales expanded for a second consecutive month, marking the first sustained rise in overseas orders in more than four and a half years. Rising demand also put pressure on factory capacity, with backlogs increasing for the first time since April and at the fastest pace in almost four and a half years. Employment edged higher, reversing a prolonged period of job losses, while manufacturers increased purchases of raw materials and intermediate goods at one of their fastest rates since May 2022. Supply delays persisted but eased to their least severe since February. Meanwhile, business confidence reached a seven-month high, although input and output price pressures accelerated.
2026-10-01