Eurozone October Manufacturing PMI Preliminary Reading: Positive Signals Emerge

Market research firm Markit released the preliminary Eurozone Manufacturing PMI for October on September 23, 2025. The reported figure was 49.5, with no forecast provided; the previous reading was also 49.5.Definition: The Purchasing Managers' Index (PMI) is one of the internationally recognized macroeconomic monitoring indicators, playing a key role in tracking and forecasting national economic activity. It covers production and distribution, as well as both manufacturing and non-manufacturing sectors. Due to its rapid and straightforward survey methodology, PMI data typically has a shorter reporting lag compared to official statistics, and offers both comprehensive insights and actionable guidance.Market Impact: A reported value exceeding the forecast is considered bullish for the euro. This data is classified as having high importance (level 3). Markit compiles the index by surveying purchasing managers from 2,000 manufacturing, construction, and/or services firms across the Eurozone; the preliminary reading is based on approximately 85% of responses.Release frequency is monthly, with the next publication scheduled for November 21, 2025.

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