Eurozone manufacturing PMI at record high

Market news

2 November 2017

Eurozone manufacturing PMI at record high

The eurozone manufacturing sector started the final quarter on a strong footing. Growth of both output and new orders remained elevated, while the pace of job creation accelerated to a survey-record high.

The final IHS Markit Eurozone Manufacturing PMI rose to an 80-month high of 58.5 in October, up from 58.1 in September and slightly below the earlier flash estimate of 58.6. The headline PMI has signalled expansion in each month since July 2013.

United Kingdom: PMI Construction, October 50.8 (forecast 48.1)

Major stock exchanges in Europe trading mostly in the red zone: FTSE 7487.43 -0.53 -0.01%, DAX 13451.69 -13.82 -0.10%, CAC 5513.84 -0.45 -0.01%

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