Eurozone PMI Data March 2023

24 March 2023

The seasonally adjusted S&P Global ‘flash’ Eurozone PMI® Composite Output Index, rose for a fifth consecutive month in March, up from 52.0 in February to a ten-month high of 54.1. The latest reading indicated a third successive month of growth with the rate of expansion having accelerated throughout the year to date. Growth was again powered by the service sector, where business activity rose for a third straight month, the index up from 52.7 in February to 55.6 in March to register the strongest expansion since last May. Flash Eurozone Manufacturing PMI decreased to 4 month low 47.1 in March from 48.5 in February .
Source: S&P Global Eurozone PMI®
Post by: Republic of Türkiye Ministry of Trade