Eurozone PMI Data September 2022

27 September 2022

The seasonally adjusted S&P Global Eurozone PMI Composite Output Index fell from 48.9 in August to 48.2 in September, according to the preliminary ‘flash’ reading based on approximately 85% of usual survey responses. The PMI has now registered below the neutral 50.0 level for three successive months. Flash Eurozone Services PMI Activity Index fell to 48.9 in September of 2022 from 49.8 in August. Flash Eurozone Manufacturing PMI dropped to 48.5 in September of 2022 from 49.6 in August (27-month low). Worsening performances were seen in both manufacturing and services, with demand falling at steepening rates in each sector as a result of the rising cost of living and  growing gloom about future prospects.
Source:  S&P Global Eurozone PMI®
Post by: Republic of Türkiye Ministry of Trade