The IHS Markit Eurozone Composite PMI was revised higher to 51.9 in August 2019 from a preliminary estimate of 51.8 and above July's final reading of 51.5. Service sector business activity continued to expand at a solid pace (PMI at 53.5 from 53.4 in July) while manufacturing production contracted further (PMI at 47.0 from 46.5 in July). Composite Pmi in the Euro Area is reported by Markit Economics.

Composite Pmi in Euro Area is expected to be 52.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Euro Area to stand at 52.70 in 12 months time. In the long-term, the Euro Area Composite PMI is projected to trend around 54.00 Index Points in 2020, according to our econometric models.

Euro Area Composite PMI
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Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 0.11 -0.11 1.63 -3.31 Index Points [+]
Manufacturing PMI 47.00 46.50 60.60 33.50 [+]
Services PMI 53.50 53.20 58.30 39.20 Index Points [+]
Composite Pmi 51.90 51.50 58.80 45.70 Index Points [+]
Industrial Production -2.00 -2.40 9.70 -21.40 percent [+]
Industrial Production Mom -0.40 -1.40 3.30 -4.00 percent [+]
Manufacturing Production -2.00 -2.60 10.00 -21.70 percent [+]
Capacity Utilization 81.90 82.80 85.30 69.60 percent [+]
Changes In Inventories 7.71 7.61 27.72 -24.53 EUR Billion [+]
Zew Economic Sentiment Index -22.40 -43.60 89.90 -63.70 [+]
Car Registrations 896.89 961.38 1169.19 669.00 Thousand [+]
Mining Production -8.40 -12.90 42.30 -27.80 percent [+]
Industrial Sentiment -5.90 -7.30 10.20 -37.70 [+]
Services Sentiment 9.30 10.60 35.30 -25.20 [+]


Euro Area Composite PMI

In the Euro Area, the Markit Eurozone PMI Composite Output Index tracks business trends across both the manufacturing and service sectors, based on data collected from a representative panel of over 5,000 companies (60 percent from the manufacturing sector and 40 percent from the services sector). The index tracks variables such as sales, new orders, employment, inventories and prices. National data are included for Germany, France, Italy, Spain, Austria, the Netherlands, Greece and the Republic of Ireland. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides the latest reported value for - Euro Area Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Composite PMI - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.90 51.50 58.80 45.70 2012 - 2019 Index Points Monthly




Country Last Previous
Australia 49.30 Aug/19
Brazil 51.90 Aug/19
China 51.60 Aug/19
Euro Area 51.90 Aug/19
France 52.90 Aug/19
Germany 51.70 Aug/19
India 52.60 Aug/19
Italy 50.30 Aug/19
Japan 51.90 Aug/19
Russia 51.50 Aug/19
Singapore 48.70 Aug/19
South Africa 49.70 Aug/19
United Kingdom 50.20 Aug/19
United States 50.70 Aug/19


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