Preliminary Manufacturing PMI in the Eurozone
Eurozone| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The preliminary Manufacturing Purchasing Managers' Index (PMI) is an indicator that assesses economic activity in the manufacturing sector of the Eurozone. This data is published monthly by IHS Markit, based on data collected from purchasing managers and presents initial provisional figures.
The PMI is calculated based on factors such as new orders, production, employment, and inventory levels, using a benchmark of 50—indicating economic expansion if above 50 and contraction if below. The preliminary values are useful for quickly gauging the strength of manufacturing activity.
This data serves as a reference for policymakers to assess the current economic situation and formulate appropriate policies. It also provides crucial information for businesses and investors to understand manufacturing trends and forecast economic conditions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
