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. source: S&P Global

Manufacturing PMI In the Euro Area increased to 52.70 points in August from 51.90 points in July of 2026. Manufacturing PMI in Euro Area averaged 50.68 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 52.70 points in August from 51.90 points in July of 2026. Manufacturing PMI in Euro Area is expected to be 52.70 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 -0.22 -0.19 points Aug 2026
Capacity Utilization 77.90 78.50 percent Sep 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 -5.30 -6.10 points Aug 2026
Manufacturing Production 0.20 -0.10 percent Jun 2026
Mining Production -4.00 -1.80 percent Jun 2026
Services Sentiment 5.80 5.10 points Aug 2026
ZEW Economic Sentiment Index 31.40 23.40 points Aug 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 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
Eurozone Manufacturing Activity Rises Most in 4 Years
The S&P Global Eurozone Manufacturing PMI rose to 52.8 in August from 51.9 in the previous month, surpassing market expectations of 51.8 to mark the fastest pace of expansion in manufacturing activity in four years. The manufacturing growth was centered around Germany, where production rose the most since January 2022 after underperforming that from its Eurozone partners, reflecting some traction to the push from the government to stimulate the economy with fresh spending. The rise in new orders drove manufacturing employment to increase slightly, ending a three-year streak of monthly job shedding. Likewise, purchasing activity increased slightly. In the meantime, input costs slowed to their weakest since before the start of the Middle East war in February, driving output charges to rise less. In the meantime, business confidence improved to a six-month high for manufacturing.
2026-08-21
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