The HCOB Flash Eurozone Manufacturing PMI increased to 47.3 in February 2025 from 46.6 in January, beating forecasts of 47, preliminary estimates showed.
The reading pointed to the weakest downturn in the manufacturing sector in nine months, as production continued to fall although the pace of contraction was the weakest since May 2024. New business continued to fall and there was a marked reduction in manufacturing workforce numbers.
Eurozone manufacturers continued to lower their purchasing activity, in response to weak customer demand. The latest reduction was marked, despite being the weakest for two-and-a-half years.
On the price front, input prices rose for the second month running and at the fastest pace in six months, albeit one that remained modest overall. Manufacturing selling prices reduced marginally. Finally, business sentiment across manufacturers weakened.
Source: Trading Economics
