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Eurozone manufacturing PMI beats flash estimate

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The final Markit Eurozone Manufacturing PMI was revised higher to 51.6 in March, up from the earlier flash estimate of 51.4 and above February figure of 51.2.

    Key points

    New export order growth slowed to a 14-month low.

    Input costs and average output charges both declined. The reduction in selling prices was the steepest in over six years.

    Eurozone manufacturing employment increased for the nineteenth successive month in March. However, the rate of jobs growth was among the slowest registered during that sequence.
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