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Eurozone manufacturing PMI drops to five-month low in September

FXStreet (Mumbai) - The final seasonally adjusted Eurozone Manufacturing PMI eased to a five-month low of 52.0 in September, below August’s 52.3 and unchanged from the earlier flash estimate.

Key Points

New export orders inflows improved again in September, rising for the twenty-seventh successive month.

Job creation was recorded for the thirteenth straight month in September. Although the overall rate of growth eased to a four-month low.

Average input costs fell at the fastest pace in eight months, mainly on account of the lower commodity (especially oil) prices. Output charges decreased for the first time in six months.

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