Euro Area Composite PMIEuro Area Composite PMIEuro Area Composite PMI

Euro Area Composite PMI

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Key data points

Last release
Observation period
Apr 2024
Next release
Forecast
52.30POINT
Highest
60.20POINT on Jul 31, 2021
Lowest
13.60POINT on Apr 30, 2020

About Euro Area Composite PMI

Category
Business
Frequency
Monthly
Units
POINT
The HCOB Eurozone Composite Output Index, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, is compiled by S&P Global from responses to questionnaires sent to survey panels of manufacturers in Germany, France, Italy, Spain, the Netherlands, Austria, Ireland and Greece, and of service providers in Germany, France, Italy, Spain and Ireland, totaling around 5,000 private sector companies. The index tracks variables such as sales, new orders, employment, inventories and prices; and varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.