The euro area manufacturing sector expanded at the fastest pace since mid-2022 in March, driven by increases in both production and new orders but the war in the Middle East disrupted global logistics and intensified price pressures.
The final manufacturing Purchasing Managers' Index climbed to a 45-month high of 51.6 in March from 50.8 in February and remained moderately above the flash estimate of 51.4.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.