EU HCOB Manufacturing PMI Final (Feb) 50.8 vs. Exp. 50.8 (Prev. 49.5)
Importance
Level 1
- “Input price increases have now accelerated for four straight months and even picked up sharply in February. Several survey participants pointed to higher energy and metal prices, as well as the carbon capture adjustment mechanism that kicked in at the start of the year."
- “Companies of the manufacturing sector are quite optimistic about their ability to sell more goods in the future and their expectations for production are even higher than they were one month before."
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