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Europe Update: Manufacturing PMI Indices

The final readings for the Purchasing Managers Indexes (PMI) for Europe were updated today for the month of October. Here are the results:

Manufacturing PMI’s:

• Eurozone: 45.4 vs. consensus 45.3 (September: 45.3)
  
• Germany: 46.0 vs. consensus 45.7 (September: 45.7)
  
• France: 43.7 vs. consensus 43.5 (September: 43.5)
  
• Italy: 45.5 vs. consensus 45.3 (September: 45.7)
  
• Spain: 45.3 vs. consensus 44.1 (September: 44.6)

Recall that readings over 50 represent growth in the sector while readings under 50 suggest the manufacturing sector is contracting.

Other stories on Europe to review:

• Europe Economic Update: Eurozone CPI, Unemployment, German Retail Sales, France PPI, Italy Unemployment, UK Consumer Confidence
  
• Eurozone Confidence Indices Remain Weak in October
  
• Surprising Improvement UK GDP for Q3
  
• Eurozone Flash PMI's Weaker than Expected
  
• German IFO Index Weakens Again in October>
  
• Moody's Downgrades 5 Spanish Regions
  
• Spain Hinting at Requesting Bailout
  
• German ZEW Index Shows Outlook Improving
  
• Industrial Production Up in August
  
• Spain's Credit Rating Cut at S&P
  
• Yields Continue to Fall in Spain
  
• European Manufacturing PMI's Uptick in September
  
• Stress Tests on Spanish Banks Show...
  
• German Industrial Production Improves in July
  
• ECB to Launch Unlimited Bond Buying Program
  
• Moody's Cuts EU Outlook

 

  iShares EMU - Last 12 Months

 

  iShares France - Last 12 Months

 

  iShares Germany - Last 12 Months

 

 

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