“Stockpiling helped boost industrial production in the euro zone in April, but inflation rose sharply again” – S&P Global experts summarized the latest reading of the PMI index for manufacturing in the euro zone.
Earlier, alarming information concerned the condition of our industry. You can read more about PMI for Poland HERE.
In April 2026 the euro zone industry PMI was 52.2 points (compared to 51.6 in March). It is highest level in 47 months.
PMI index for manufacturing in the euro zone
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S&P Global
PMI for manufacturing in the euro zone
“It was reported again in April recovery in the euro area manufacturing sector. A further increase in the number of new orders contributed to an increase in production levels. Importantly, company managers often paid attention in surveys to: customer purchases accelerated, reflecting their expectations of impending price increases and possible supply disruptions” – we read in the S&P Global report.
In it we will find information that all eight eurozone countries covered by the detailed study recorded manufacturing PMIs above the 50-point threshold. The strongest growth was recorded in Ireland, followed by the Netherlands.
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The four largest euro zone economies recorded moderate growth rates, although in Germany there was a slight slowdown compared to March.
France and Spain recorded a new recovery, while the situation in Italian factories improved at a faster pace. In fact, France and Italy recorded the strongest growth since the first half of 2022.
PMI for industry. The number of workers in the euro zone is falling
Unfortunately euro area producers continued to prefer downsizing, as evidenced by a further decline in employee numbers. Moreover, it extended a series of job cuts that had been going on for almost three years.
On the pricing side, April PMI data pointed to significant intensification of cost pressure. The pace of inflation increased again, reaching its highest level in 46 months.
“At the beginning of the second quarter, business optimism weakened further, falling further from February's four-year high. In fact, economic growth expectations fell to their lowest level since November 2024.” – indicates S&P Global.
