EUR · Growth

Euro Area Manufacturing PMI

Next release: Aug 3, 2026

Next release

Released monthly

Aug 3, 2026 08:00 UTC

in 22 days

Consensus forecast
Awaiting consensus
Previous
51.4

Latest result

The most recent Euro Area Manufacturing PMI (Jul 1, 2026, June 2026) printed 51.4 versus 51.3 expected (previous 51.6) — 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 consensus forecast is typically bullish for the EUR.

Lower than forecast

An actual below the consensus 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.

ReleaseActualForecastPreviousOutcome
Jul 1, 2026 · Jun51.451.351.6above
Jun 1, 2026 · May51.651.452.2above
May 4, 2026 · Apr52.252.251.6inline
Apr 1, 2026 · Mar51.651.450.8above
Mar 2, 2026 · Feb50.850.849.5inline
Feb 2, 2026 · Jan49.549.448.8above

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 (Jul 1, 2026, June 2026) came in at 51.4, versus a forecast of 51.3 and a previous 51.6 — above expectations.
When is the next Euro Area Manufacturing PMI?
The next Euro Area Manufacturing PMI is scheduled for Aug 3, 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.

Other releases

Be ready for the next Euro Area Manufacturing PMI

See the consensus, get an alert before it prints, and read the live EUR bias the moment the actual lands — alongside every other release that moves the EUR.