Eurozone Markit Oct mftg PMI final
- 58.6 prev
- Strong new order inflows test capacity and lead
to survey-record jobs growth
- All nations covered record increases in output,
new orders and employment
UK construction PMI your next data cab off the rank at the bottom of hour. Expected 48.5 vs 48.1 prev
I’ll be back for that after I’ve completed the last few posts. And made another cup of tea.
EURUSD still trawling between 1.1630-35. EURUGBP 0.8776.
The Eurozone manufacturing sector started the final
quarter on a strong footing. Growth of both output
and new orders remained elevated, while the pace of
job creation accelerated to a survey-record high.
The final IHS Markit Eurozone Manufacturing PMI®
rose to an 80-month high of 58.5 in October, up from
58.1 in September and slightly below the earlier flash
estimate of 58.6.
The headline PMI has signalled
expansion in each month since July 2013.
The upturn was again led by a strong-performing
core of Germany, the Netherlands and Austria. PMI
readings were unchanged in Germany and Austria,
while the Netherlands PMI rose to its highest level
since February 2011.
Full report here