At 51.2 in February, from 52.3 in January, the final seasonally adjusted Eurozone Manufacturing PMI® fell to a 12-month low despite posting slightly above its earlier flash estimate of 51.0. The PMI has remained above the neutral 50.0 mark for 32 successive months. Manufacturing production rose at the slowest pace for a year, as rates of expansion in new business and new export orders eased to the weakest since April 2015 and January 2015 respectively.
Job creation was registered for the eighteenth month running, but the rate of increase in staffing levels Countries ranked by Manufacturing PMI® : Feb. Spain 54.1 2-month low Ireland 52.9 24-month low Italy 52.2 12-month low Austria 51.9 4-month high Netherlands 51.7 18-month low Germany 50.5 (flash: 50.2) 15-month low France 50.2 (flash: 50.3) 2-month high Greece 48.4