Euro area: Purchasing Managers Index (PMI), composite

* indicates monthly or quarterly data series
 Euro area

Purchasing Managers Index (PMI), composite

 Latest value 48.9
 Reference February 2024
 Measure index points
 Data availability March 2019 - February 2024
 Average 50.17
 Min - Max 13.6 - 60.2
 Source Markit Economics
For that indicator, we provide data for Euro area from March 2019 to February 2024. The average value for Euro area during that period was 50.17 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.
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* indicates monthly or quarterly data series


Recent values chart
Euro area - Purchasing Managers Index (PMI), composite - recent values

Historical chart
Euro area - Purchasing Managers Index (PMI), composite - historical chart - 2019-2024
Measure: index points
Source: Markit Economics


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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.

 Related indicators Latest value Reference Measure
 Industrial production -6.70 9/2023 percent
 Retail sales 111.60 9/2023 index points
 Retail sales Y-on-Y -2.62 9/2023 percent
 Business confidence survey -3.08 9/2023 points
 Consumer confidence survey -17.70 9/2023 points
 Purchasing Managers Index (PMI), composite 47.20 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 43.40 9/2023 index points
 Purchasing Managers Index (PMI), services 48.70 9/2023 index points
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