Eurozone April Manufacturing PMI Preliminary

Market research firm Markit announced the Eurozone April Manufacturing PMI Preliminary on 2023-04-21. The reported figure stands at 48.7, against a forecast of 47.5, with the prior figure recorded as 48.6.

Regarding the Eurozone April Manufacturing PMI Preliminary, Actual value > Forecast value = Bullish for Euro, PMI (Purchasing Managers' Index) is one of the internationally recognized macroeconomic monitoring indicator systems, playing an important role in monitoring and predicting national economic activities. It covers areas such as production and circulation, manufacturing and non-manufacturing. Due to its quick and straightforward survey methods, its lag is relatively shorter than that of official data, and it possesses comprehensiveness and guidance.

This data holds an importance level of , calculated using The Markit survey tracks the confidence of purchasing managers from 2,000 manufacturing, construction, and/or service companies in the Eurozone; the preliminary value is based on 85% of the responses, and updates Once a month.

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