WS News
01 Oct 2026, 10:29
Eurozone Manufacturing Expands in September as Major Economies Stay Above 50
Eurozone manufacturing activity strengthened modestly in September, with the HCOB Manufacturing PMI rising to 52.9 from 52.7 and beating the 52.7 consensus.
Germany remained the strongest among the major economies shown, with its manufacturing PMI at 53.9, slightly above expectations of 53.8, though down from 54.3 previously. France also stayed in expansion at 50.6, ahead of the 50.3 forecast but below August’s 51.1.
Italy’s manufacturing PMI improved to 50.4 from 49.6, moving back above the 50 threshold and beating the 50.1 consensus. Spain showed a similar improvement, with its PMI rising to 51.0 from 49.5, clearly above the 50.2 forecast.
Overall, the data point to a broader recovery in euro-area manufacturing, with Spain and Italy returning to expansion and Germany and France remaining above 50. The stronger regional reading is a positive signal for industrial momentum heading into the fourth quarter.
Eurozone manufacturing activity strengthened modestly in September, with the HCOB Manufacturing PMI rising to 52.9 from 52.7 and beating the 52.7 consensus.
Germany remained the strongest among the major economies shown, with its manufacturing PMI at 53.9, slightly above expectations of 53.8, though down from 54.3 previously. France also stayed in expansion at 50.6, ahead of the 50.3 forecast but below August’s 51.1.
Italy’s manufacturing PMI improved to 50.4 from 49.6, moving back above the 50 threshold and beating the 50.1 consensus. Spain showed a similar improvement, with its PMI rising to 51.0 from 49.5, clearly above the 50.2 forecast.
Overall, the data point to a broader recovery in euro-area manufacturing, with Spain and Italy returning to expansion and Germany and France remaining above 50. The stronger regional reading is a positive signal for industrial momentum heading into the fourth quarter.