EU S&P Global Manufacturing PMI Final (Mar) 51.6 vs. Exp. 51.4 (Prev. 50.8, Low. 51.4, High. 51.4)
The final reading of the EU S&P Global Manufacturing PMI for March came in at 51.6, slightly beating expectations of 51.4 and improving from the previous month's figure of 50.8.
German Economic Institutes confirm cutting 2026 and 2027 GDP growth forecasts
ECB's Dolenc says ECB's adverse scenario is more likely to be the next baseline and current baseline is more like the best-case scenario
EU S&P Global Manufacturing PMI Final (Mar) 51.6 vs. Exp. 51.4 (Prev. 50.8, Low. 51.4, High. 51.4)
Italian Unemployment Rate (Feb) 5.3% vs. Exp. 5.2% (Prev. 5.1%)
German S&P Global Manufacturing PMI Final (Mar) 52.2 vs. Exp. 51.7 (Prev. 50.9, Low. 50.9, High. 51.7)
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This uptick suggests a modest expansion in the manufacturing sector and could bolster market sentiment around the resilience of the Eurozone economy, potentially influencing ECB policy discussions.
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