Euro Area: Markit Composite Total Export Values PMI: Preliminary

Macro

2026-07-24

Description

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Published by
Markit (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The latest Eurozone Flash Composite PMI for Q3 2026 reached 51.9, significantly outperforming the previous reading (Q2 2026) of 49.5 and the market expectation of 50.3, ending consecutive months of contraction. Both manufacturing and services sectors recovered simultaneously, with not only new orders recording their first growth in 5 months, but the labor market also experiencing its first expansion this year. Short-term economic momentum has rebounded significantly, but attention must still be paid to potential geopolitical disruptions on inflation and recovery in the medium to long term.

AI Data Insight

The latest Eurozone Flash Composite PMI for Q3 2026 reached 51.9, significantly outperforming the previous reading (Q2 2026) of 49.5 and the market expectation of 50.3, ending consecutive months of contraction. Both manufacturing and services sectors recovered simultaneously, with not only new orders recording their first growth in 5 months, but the labor market also experiencing its first expansion this year. Short-term economic momentum has rebounded significantly, but attention must still be paid to potential geopolitical disruptions on inflation and recovery in the medium to long term.

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update