Eurozone Manufacturing PMI Rises to 52.9, Exceeding Expectations
The S&P Global Eurozone manufacturing PMI increased to 52.9 in the latest reading, up from 52.7 in August and surpassing forecasts of no change. The manufacturing PMI output index also saw an uptick, rising to 53.6. This improvement was largely driven by a significant increase in new orders, which expanded at their fastest rate since March 2022.
7 and above expectations for no change. 6, supported by a spike in new orders that increased at the fastest pace since March 2022. Price…