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Released monthlyJul 1, 2026 08:00 UTC
in 9 days
Latest result
The most recent Euro Area Manufacturing PMI (Jun 1, 2026, May) printed 51.6 versus 51.4 expected (previous 52.2) — above forecast, positive for the EUR.
What it measures
This is a monthly survey of euro-area factory managers, asking whether activity, orders and hiring are rising or falling. A reading above 50 means the sector is growing, below 50 means it is shrinking. This is the final reading, revising the earlier flash estimate, so it usually moves the market less.
A reading comfortably above 50, or a beat versus flash, points to manufacturing momentum and can lend the euro mild support, while a drop below 50 or a miss softens it. Manufacturing is the smaller, more cyclical part of the euro area economy, so it moves the currency less than the services survey, with Germany the biggest single influence. As a revision of the flash estimate it usually passes quietly unless the change is sharp.
What a higher or lower Euro Area Manufacturing PMI means for the EUR
A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the EUR.
Higher than forecast
An actual above the 52.3 forecast is typically bullish for the EUR.
Lower than forecast
An actual below the 52.3 forecast is typically bearish for the EUR.
Release history
Every release of Euro Area Manufacturing PMI: actual vs forecast and the beat/miss outcome. Click a date for the full read of that release.
| Release | Actual | Forecast | Previous | Outcome |
|---|---|---|---|---|
| Jun 1, 2026 · May | 51.6 | 51.4 | 52.2 | above |
| May 4, 2026 · Apr | 52.2 | 52.2 | 51.6 | inline |
| Apr 1, 2026 · Mar | 51.6 | 51.4 | 50.8 | above |
| Mar 2, 2026 · Feb | 50.8 | 50.8 | 49.5 | inline |
| Feb 2, 2026 · Jan | 49.5 | 49.4 | 48.8 | above |
Frequently asked questions
- What is Euro Area Manufacturing PMI?
- This is a monthly survey of euro-area factory managers, asking whether activity, orders and hiring are rising or falling. A reading above 50 means the sector is growing, below 50 means it is shrinking. This is the final reading, revising the earlier flash estimate, so it usually moves the market less.
- What was the latest Euro Area Manufacturing PMI reading?
- The most recent release (Jun 1, 2026, May) came in at 51.6, versus a forecast of 51.4 and a previous 52.2 — above expectations.
- When is the next Euro Area Manufacturing PMI?
- The next Euro Area Manufacturing PMI is scheduled for Jul 1, 2026. It is released monthly.
- What happens to the EUR if Euro Area Manufacturing PMI is higher than expected?
- An actual reading above the consensus forecast is typically bullish for the EUR, while a reading below forecast is bearish for the EUR. A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the EUR.
- How does Euro Area Manufacturing PMI affect the EUR?
- A reading comfortably above 50, or a beat versus flash, points to manufacturing momentum and can lend the euro mild support, while a drop below 50 or a miss softens it. Manufacturing is the smaller, more cyclical part of the euro area economy, so it moves the currency less than the services survey, with Germany the biggest single influence. As a revision of the flash estimate it usually passes quietly unless the change is sharp.