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. source: S&P Global

Manufacturing PMI In the Euro Area increased to 52.90 points in September from 52.70 points in August of 2026. Manufacturing PMI in Euro Area averaged 50.69 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 52.90 points in September from 52.70 points in August of 2026. Manufacturing PMI in Euro Area is expected to be 50.40 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 -0.06 -0.24 points Sep 2026
Capacity Utilization 77.90 78.50 percent Sep 2026
Car Registrations 810088.50 798141.40 Units Aug 2026
Changes in Inventories 8.76 27.34 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 -3.80 -5.00 points Sep 2026
Manufacturing Production -1.70 -0.80 percent Aug 2026
Mining Production -4.40 -2.70 percent Aug 2026
Services Sentiment 6.10 5.60 points Sep 2026
ZEW Economic Sentiment Index 25.80 31.40 points Sep 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
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
Eurozone Manufacturing Growth Unchanged in September
The S&P Global Eurozone Manufacturing PMI remained unchanged at 52.7 in September 2026, slightly exceeding the market expectation of 52.6, according to flash data. Manufacturing output also remained strong, with the Output Index rising to 53.4 from 53.3, its highest level in 55 months. Growth was supported by a renewed increase in new export orders, while employment was broadly unchanged. Firms also increased purchasing activity for a second consecutive month, although the pace remained modest. The rise in input buying helped companies maintain pre-production inventories broadly unchanged, ending a decline that had persisted since February 2023, while stocks of finished goods were also stable. Supplier delivery times lengthened again, although the deterioration was the least severe since February. Meanwhile, input cost inflation accelerated and output prices rose at a faster pace. Business confidence weakened, with manufacturers expressing less optimism about the year ahead.
2026-09-23
Euro Area Manufacturing Growth at 4-Year High in August
The S&P Global Eurozone Manufacturing PMI rose to 52.7 in August 2026 from 51.9 in July, slightly below the preliminary estimate of 52.8 but still marking the strongest reading since May 2022. Germany was a key driver, recording its strongest manufacturing expansion in more than four years, while France also contributed positively. This was partly offset by a contraction in Italy and Spain. Eurozone manufacturing output increased for a third consecutive month, with growth accelerating to its fastest pace in four and a half years. Demand also improved, supported by the strongest increase in total new orders since early 2022 and a renewed rise in export business. Supply disruptions persisted, however, as delivery times lengthened sharply. Employment was broadly stable, ending more than three years of declines. Meanwhile, input cost pressures continued to ease, while business confidence strengthened for a fourth straight month.
2026-09-01