The euro area manufacturing sector growth nearly stabilized in November, following a four-month slowdown from June's record expansion, final survey results from IHS Markit showed on Wednesday.
The factory Purchasing Managers' Index rose slightly to 58.4 in November from 58.3 in the previous month. The flash reading was 58.6. A reading above 50.0 indicates expansion.
Production increased strongly in November. A similar trend was observed in new order inflows.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.