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Eurozone manufacturing hits 52-month high as input and output prices accelerate

Eurozone September final manufacturing PMI 52.9 vs 52.7 prelim Prior 52.7 The breakdownEurozone manufacturing ended the third quarter on a stronger footing, with the headline PMI rising to 52.9 in September from 52.7 in August - marking its highest level in more than four years. Of note, production and new orders both increased at their fastest rates since early 2022 with new order growth…

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France manufacturing growth slows in September as price pressures build

France September final manufacturing PMI 50.6 vs 50.3 prelim Prior 51.1 The breakdownThe final revision higher still marks a decline in French manufacturing activity in September compared to the month before. There was a further slowdown as as new orders continued to decrease, purchasing activity was reduced and price pressures accelerated. Looking at the details, factory production growth was…

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Italy September manufacturing PMI 50.4 vs 50.0 expected

Prior 49.6 Key findings: Modest reductions in output and new orders Inflationary pressures intensify, but deterioration in supply chain performance eases Job creation sustained as outlook remains bright Comment: Eleanor Dennison, Economist at S&P Global Market Intelligence, said: "The Italian manufacturing sector ended the third quarter on more stable footing. The demand environment remained…

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Spain manufacturing returns to growth in September but price pressures build

Spain September manufacturing PMI 51.0 vs 50.1 expected Prior 49.5 Spain's manufacturing economy returned to growth territory in September, although the sector’s underlying performance remained subdued. The details show that production increased but overall new work continued to decline amid ongoing uncertainty and rising prices, especially for energy. Of note, new order inflows fell for a fifth…

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