• Eurozone’s final manufacturing PMI rises to 52.3 in October

Market news

2 November 2015

Eurozone’s final manufacturing PMI rises to 52.3 in October

Markit Economics released its final manufacturing purchasing managers' index (PMI) for the Eurozone on Monday. Eurozone's final manufacturing purchasing managers' index (PMI) rose to 52.3 in October from 52.0 in September, up from the preliminary reading of 52.0.

"The eurozone manufacturing recovery remains disappointingly insipid. The October survey is signalling factory output growth of only 2% per annum, a lacklustre performance given the amount of central bank stimulus in place," Chris Williamson, Chief Economist at Markit said.

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