EU HCOB Manufacturing PMI Final (Jan) 49.5 vs. Exp. 49.4 (Prev. 48.8)

The final EU HCOB Manufacturing PMI for January came in slightly above expectations, indicating a modest improvement in the manufacturing sector compared to December.

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EU HCOB Manufacturing PMI Final (Jan) 49.5 vs. Exp. 49.4 (Prev. 48.8)

German HCOB Manufacturing PMI Final (Jan) 49.1 vs. Exp. 48.7 (Prev. 47.0)

French HCOB Manufacturing PMI Final (Jan) 51.2 vs. Exp. 51.0 (Prev. 50.7)

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  • "For companies relying on metals like copper, aluminium, or nickel, this - together with pricier energy - puts pressure on profit margins. They don’t appear to have the ability to raise their selling prices accordingly. In fact, their prices seem to be largely flat.”
Context

This uptick suggests a potential stabilization, but ongoing pressures from rising energy costs and flat selling prices could hinder profitability, hinting at challenges ahead for growth and inflation dynamics in the Eurozone.

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