Eurozone manufacturing hits 52-month high in September
Eurozone manufacturing activity surged to a 52-week high in September, according to S&P Global's latest Purchasing Managers' Index (PMI) survey. The PMI climbed to 52.9 from 52.7 in August, marking the strongest reading since May 2022. Output and new orders increased at their fastest rates since March 2022, while exports rose for the second consecutive month.
Employment in the sector also rebounded, ending a three-year decline. Backlogs of work grew for the first time in nearly four and a half years. Purchasing activity rose at the second-fastest pace since May 2022, and supplier delivery times showed signs of improvement. Price pressures intensified, with input costs and output prices accelerating for the first time since May.
Business confidence among eurozone manufacturers peaked at a seven-month high, outpacing its long-run average. The survey data were collected between September 10 and September 23, 2026.
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