(IHS Markit) Eurozone Manufacturing PMI was 58.6 in September, the lowest since February and below a reading of 61.4 in August.
Fig: Eurozone Manufacturing PMI
The slower expansion in Eurozone manufacturing reflected easing output expansion, lower growth in new orders, and job creation. New orders and output expansion were at their weakest in eight months.
Germany posted the largest slowdowns in manufacturing, with the index down over four points from August. Austria was the only economy to post a manufacturing growth.
Supply constraints persisted, with lead times rising in September. The rate of input price inflation rose at the weakest in five months but was at a 24-year high.
Business confidence rose in September, the first increase since June, but was near a nine-month low posted in August.
DAX is down -0.77%, EURUSD is up +0.05%.
