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- The final IHS Markit Eurozone Manufacturing PMI rose to 57.4 in June
The final IHS Markit Eurozone Manufacturing PMI rose to 57.4 in June
The rate of expansion in the eurozone manufacturing sector accelerated to its fastest in over six years in June, reflecting improved performances across Germany, France, Italy, the Netherlands, Ireland, Greece and Austria. Output expanded on the back of rising inflows of new work, encouraging companies to maintain the pace of job creation close to May's 20-year survey record high.
The final IHS Markit Eurozone Manufacturing PMI rose to 57.4 in June, up from 57.0 in May and the earlier flash estimate of 57.3. The PMI has now remained above the neutral 50.0 mark throughout the past four years. Moreover, the average reading during the second quarter (57.0) is the best outcome in over six years (since Q1 2011).
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