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Eurozone Manufacturing PMIs Weaker in Jan

EUROZONE DATA
MNI (London)

MNI: GERMANY FINAL JAN MFG PMI 59.8r; DEC 57.4

MNI: EUROZONE FINAL JAN MFG PMI 58.7r; DEC 58.0

MNI: FRANCE FINAL JAN MFG PMI 55.5; DEC 55.6

MNI: ITALY JAN MFG PMI 58.3; DEC 62.0

MNI: SPAIN JAN MFG PMI 56.2; DEC 56.2

  • Manufacturing PMIs across the Eurozone all saw weaker prints in January as anticipated by the flash readings.
  • Eurozone and German final readings dipped below preliminary estimates by 0.3 points and 0.7 points respectively.
  • Across the board, fast rising output and new orders accounted for strong readings.
  • Input cost inflation began to see some relief as supply chain disruptions began to ease

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