Euro area Manufacturing PMI surveys factory purchasing managers across the bloc; a reading above 50 means manufacturing is expanding and below 50 means it is contracting.
Actual
50.8
Forecast
50.8
Previous
49.5
Euro Area Manufacturing PMI for Feb came in at 50.8 versus 50.8 expected (previous 49.5), in line with forecast.
What it meant for the EUR
The actual landed in line with the 50.8 forecast. A reading above forecast is generally bullish for the EUR, and below forecast bearish.
New to this release? See what Euro Area Manufacturing PMI measures, the next release and its full history.