The Eurozone industrial production index (PMI) reached 52.7 in September 2026, remaining stable and above the market forecast of 52.6. This data indicates stability in the industrial growth of the Eurozone, particularly influenced by an increase in new export orders.
Production Growth and New Orders
The production index rose to 53.4 from 53.3, reaching its highest level in the last 55 months. This growth is particularly supported by the recent increase in new export orders. Additionally, employment in this sector has not changed significantly overall.
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Purchasing Activities and Inventories
Companies have increased their purchases of raw materials in recent months, and this trend has continued for the second consecutive month, although the pace of this increase has remained average. The increase in incoming purchases has helped keep pre-production inventories stable overall, ending a decline that had begun in February 2023. Additionally, the inventory of finished goods has remained stable during this period.
Supplier delivery times have increased again, although this deterioration has reached its lowest level since February. Meanwhile, input cost inflation has accelerated, and output prices have been rising at a faster pace.
Business confidence has also declined, and manufacturers have been less optimistic about the future. This decrease in confidence could have long-term impacts on investment and hiring decisions in this sector and requires special attention from economic policymakers.
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