Purchasing Managers Index (PMI), composite in Euro area, March 2019 - May 2022:
For that indicator, we provide data for Euro area from March 2019 to May 2022. The average value for Euro area during that period was 50.6 index points with a minimum of 13.6 index points in April 2020 and a maximum of 60.2 index points in July 2021.
Click on the following link to see the values of Purchasing Managers Index (PMI), composite
around the world.
Longer historical series
* indicates monthly or quarterly data series
Measure: index points
Source: Markit Economics
Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies.
The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.