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Indicator Digest

Manufacturing PMI

Main Indicator: Manufacturing PMI

Most Recent Release

March
1st, 2010
Actual Forecast Previous Revised Form
54.2 54.1 54.1 N/A
Final Version for February
Provided by: Markit
Flash Release: PDF

Germany: 57.2, prel. 57.1, pr. 53.7 (Jan), 52.7 (Dec), 52.4 (Nov),
51.0 (Oct), 49.6 (Sep), 49.0 (Aug), 45.7 (Jul), 40.9 (Jun), 39.1 (May)
France: 54.9, prel. 54.7, pr. 55.4 (Jan), 54.7 (Dec), 54.4 (Nov),
55.6 (Oct), 53.0 (Sep), 50.2 (Aug), 48.1 (Jul), 45.9 (Jun), 43.1 (May)
Italy: 51.6, pr. 51.7 (Jan), 50.8 (Dec), 50.1 (Nov), 49.2 (Oct),
47.6 (Sep), 45.4 (Jul), 42.7 (Jun), 41.1 (May), 37.2 (Apr), 34.6 (Mar)

Table of Past Data

10/2311/211/2312/112/161/41/212/12/193/1
Actual50.750.751.051.251.651.652.052.454.154.2
Forecast50.050.751.251.051.551.652.152.052.854.1
Previous49.350.750.751.051.251.651.652.052.454.1
Revised FromN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Past Releases

February
19th, 2010
Actual Forecast Previous Revised Form
54.1 52.8 52.4 N/A
Flash Version for February
Provided by: Markit
Official Release: PDF

Germany: 57.1, pr. 53.7 (Jan), 52.7 (Dec), 52.4 (Nov), 51.0 (Oct),
49.6 (Sep), 49.0 (Aug), 45.7 (Jul), 40.9 (Jun), 39.1 (May), 35.4 (Apr)
France: 54.7, pr. 55.4 (Jan), 54.7 (Dec), 54.4 (Nov), 55.6 (Oct),
53.0 (Sep), 50.2 (Aug), 48.1 (Jul), 45.9 (Jun), 43.1 (May), 40.1 (Apr)
Italy: pr. 51.7 (Jan), 50.8 (Dec), 50.1 (Nov), 49.2 (Oct), 47.6 (Sep),
45.4 (Jul), 42.7 (Jun), 41.1 (May), 37.2 (Apr), 34.6 (Mar), 35.0 (Feb)

February
1st, 2010
Actual Forecast Previous Revised Form
52.4 52.0 52.0 N/A

Final Version for January
Provided by: Markit
Official Release: PDF

Germany: 53.7, prel. 53.4, pr. 52.7 (Dec), 52.4 (Nov), 51.0 (Oct),
49.6 (Sep), 49.0 (Aug), 45.7 (Jul), 40.9 (Jun), 39.1 (May), 35.4 (Apr)
France: 55.4, prel. 54.7, pr. 54.7 (Dec), 54.4 (Nov), 55.6 (Oct),
53.0 (Sep), 50.2 (Aug), 48.1 (Jul), 45.9 (Jun), 43.1 (May), 40.1 (Apr)
Italy: 51.7, pr. 50.8 (Dec), 50.1 (Nov), 49.2 (Oct), 47.6 (Sep),
45.4 (Jul), 42.7 (Jun), 41.1 (May), 37.2 (Apr), 34.6 (Mar), 35.0 (Feb)

From the Release: "Final PMI data confirmed that the Eurozone manufacturing sector started 2010 on a positive footing. The recoveries in production and new orders, which began at the end of Q3 last year, gained further traction in January. Rates of expansion for both variables were also faster than those signalled by their respective flash estimates.

The headline final Eurozone Manufacturing PMI – a composite index based on measures of production, orders, employment, inventories and supplier performance – posted 52.4 in January, its highest reading for two years. The index value was above both its earlier flash estimate of 52.0 and the final reading of 51.6 posted in December. The level of the PMI has risen in each month since hitting a record low last February and has now remained above the neutral 50.0 mark for four consecutive months."

January
21st, 2010
Actual Forecast Previous Revised Form
52.0 52.1 51.6 N/A

Advance (Flash) Version for January
Provided by: Markit
Official Release: PDF

Germany: 53.0, pr. 52.7 (Dec), 52.4 (Nov), 51.0 (Oct), 49.6 (Sep),
49.0 (Aug), 45.7 (Jul), 40.9 (Jun), 39.1 (May), 35.4 (Apr), 32.4 (Mar)
France: 54.7, pr. 54.7 (Dec), 54.4 (Nov), 55.6 (Oct), 53.0 (Sep),
50.2 (Aug), 48.1 (Jul), 45.9 (Jun), 43.1 (May), 40.1 (Apr), 36.5 (Mar)
Italy: pr. 50.8 (Dec), 50.1 (Nov), 49.2 (Oct), 47.6 (Sep), 45.4 (Jul),
42.7 (Jun), 41.1 (May), 37.2 (Apr), 34.6 (Mar), 35.0 (Feb), 36.1 (Jan)

January
4th, 2010
Actual Forecast Previous Revised Form
51.6 51.6 51.6 N/A

Final for December

Germany: pr. 52.4 (Nov), 51.0 (Oct), 49.6 (Sep), 49.0 (Aug),
45.7 (Jul), 40.9 (Jun), 39.1 (May), 35.4 (Apr), 32.4 (Mar), 32.1 (Feb)
France: pr. 54.4 (Nov), 55.6 (Oct), 53.0 (Sep), 50.2 (Aug),
48.1 (Jul), 45.9 (Jun), 43.1 (May), 40.1 (Apr), 36.5 (Mar), 34.8 (Feb)
Italy: pr. 50.1 (Nov), 49.2 (Oct), 47.6 (Sep), 45.4 (Jul), 42.7 (Jun),
41.1 (May), 37.2 (Apr), 34.6 (Mar), 35.0 (Feb), 36.1 (Jan), 35.5 (Dec)

December
16th, 2009
Actual Forecast Previous Revised Form
51.6 51.5 51.2 N/A
Flash Version for December
December
1st, 2009
Actual Forecast Previous Revised Form
51.2 51.0 51.0 N/A

Final for November

Germany: 52.4, prel. 52.0, pr. 51.0 (Oct), 49.6 (Sep), 49.0 (Aug),
45.7 (Jul), 40.9 (Jun), 39.1 (May), 35.4 (Apr), 32.4 (Mar), 32.1 (Feb)
France: 54.4, prel. 54.2, pr. 55.6 (Oct), 53.0 (Sep), 50.2 (Aug),
48.1 (Jul), 45.9 (Jun), 43.1 (May), 40.1 (Apr), 36.5 (Mar), 34.8 (Feb)
Italy: 50.1, pr. 49.2 (Oct), 47.6 (Sep), 45.4 (Jul), 42.7 (Jun),
41.1 (May), 37.2 (Apr), 34.6 (Mar), 35.0 (Feb), 36.1 (Jan), 35.5 (Dec)

The eurozone manufacturing PMI increased to 51.2 in November, revised up from a previously reported 51.0, from 50.7 in October, final November PMI data from Markit Economics showed, indicating eurozone manufacturing activity expanded for a second month and reached a 20-month high.

Germany’s manufacturing PMI rose to 52.4 in November, revised up from a previously reported 52.0, from 51.0 in October, according to final November PMI data from Markit Economics, showing German manufacturing activity expanded for a second month and rose to the highest level since June 2008.

November
23rd, 2009
Actual Forecast Previous Revised Form
51.0 51.2 50.7 N/A

Preliminary for November

Germany: 52.0, pr. 51.0 (Oct), 49.6 (Sep), 49.0 (Aug), 45.7 (Jul),
40.9 (Jun), 39.1 (May), 35.4 (Apr), 32.4 (Mar), 32.1 (Feb), 32.0 (Jan),
France: 54.2, pr. 55.6 (Oct), 53.0 (Sep), 50.2 (Aug), 48.1 (Jul),
45.9 (Jun), 43.1 (May), 40.1 (Apr), 36.5 (Mar), 34.8 (Feb), 37.9 (Jan)
Italy: pr. 49.2 (Oct), 47.6 (Sep), 45.4 (Jul), 42.7 (Jun), 41.1 (May),
37.2 (Apr), 34.6 (Mar), 35.0 (Feb), 36.1 (Jan), 35.5 (Dec)

The Euro-zone manufacturing PMI climbed to 51.0 in November from 50.7 in October, its highest level since March 2008. The index was pulled higher by moves higher in output, new orders and exports. Those gains came despite a strong euro, which makes European exports more expensive. The output index rose to 54.6, the highest level since September 2007, a huge 22 points higher than it was at this time last year. Employment however remains sluggish, and Markit's chief economist Chris Williamson cautioned that growth may have peaked in the 3rd quarter and that activity going forward will be subdued going into next year. 

The composite index, which puts both the manufacturing and services indexes into one, rose to 53.7 from 53.0 in October, the highest level in two years. The composite employment index touched 45.5 last month from 45.4 in October, the 17th straight month that jobs have been lost.

November
2nd, 2009
Actual Forecast Previous Revised Form
50.7 50.7 50.7 N/A

Final for October

Germany: 51.0, pr. 49.6 (Sep), 49.0 (Aug), 45.7 (Jul), 40.9 (Jun),
39.1 (May), 35.4 (Apr), 32.4 (Mar), 32.1 (Feb), 32.0 (Jan),
France: 55.6, pr. 53.0 (Sep), 50.2 (Aug), 48.1 (Jul), 45.9 (Jun),
43.1 (May), 40.1 (Apr), 36.5 (Mar), 34.8 (Feb), 37.9 (Jan)
Italy: 49.2, pr. 47.6 (Sep), 45.4 (Jul), 42.7 (Jun), 41.1 (May),
37.2 (Apr), 34.6 (Mar), 35.0 (Feb), 36.1 (Jan), 35.5 (Dec)

October
23rd, 2009
Actual Forecast Previous Revised Form
50.7 50.0 49.3 N/A

Preliminary for October

Germany: forecast 50.2, pr. 49.6 (Sep), 49.0 (Aug), 45.7 (Jul),
40.9 (Jun), 39.1 (May), 35.4 (Apr), 32.4 (Mar), 32.1 (Feb), 32.0 (Jan),
France: forecast 53.0, pr. 53.0 (Sep), 50.2 (Aug), 48.1 (Jul),
45.9 (Jun), 43.1 (May), 40.1 (Apr), 36.5 (Mar), 34.8 (Feb), 37.9 (Jan)
Italy: 47.6, pr. 45.4 (Jul), 42.7 (Jun), 41.1 (May), 37.2 (Apr),
34.6 (Mar), 35.0 (Feb), 36.1 (Jan), 35.5 (Dec), 34.9 (Nov), 39.7 (Oct)