The euro area manufacturing sector continued to contract in December with weakness spread across most of the member countries, final data from IHS Markit showed Thursday.
The manufacturing Purchasing Managers' Index fell to 46.3 in December from 46.9 in November. However, the score was above the flash reading of 45.9.
The PMI reading has remained below the 50 no-change level for the eleventh consecutive month, suggesting that the sector had remained in negative territory in 2019.
For comments and feedback contact: editorial@rttnews.com
Business News
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.