{"id":433046,"date":"2026-07-01T15:40:09","date_gmt":"2026-07-01T08:40:09","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/eurozone-manufacturing-activity-eases-in-june-but-price-pressures-are-abating-pmi-data-433046\/"},"modified":"2026-07-01T15:40:09","modified_gmt":"2026-07-01T08:40:09","slug":"eurozone-manufacturing-activity-eases-in-june-but-price-pressures-are-abating-pmi-data","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/eurozone-manufacturing-activity-eases-in-june-but-price-pressures-are-abating-pmi-data-433046\/","title":{"rendered":"Eurozone manufacturing activity eases in June but price pressures are abating &#8211; PMI data"},"content":{"rendered":"<div>\n<ul>\n<li>Final manufacturing PMI 51.4 vs 51.3 prelim<\/li>\n<li>Prior 51.6<\/li>\n<\/ul>\n<p class=\"text-align-justify\">The overall euro area manufacturing sector still posted growth in June but activity declined to a four-month low. That comes despite a marginal improvement in demand conditions, with output picking up slightly alongside new orders. That being said, export demand remains a drag as it drops for a second month running.<\/p>\n<p class=\"text-align-justify\">The big problem? Supply chain issues and higher prices, even if the latter is seen dropping off from the highs. S&amp;P Global notes that:<\/p>\n<p class=\"text-align-justify\">&#8220;Supply conditions<br \/>\nremained a challenge, however, with the Suppliers&#8217; Delivery<br \/>\nTimes Index still well below the level seen immediately prior<br \/>\nto the outbreak of war in the Middle East.<\/p>\n<p class=\"text-align-justify\">June signalled that vendor capacity<br \/>\nremained stretched. That said, there were some signs of<br \/>\nalleviating pressures as the respective sub-index rose to a<br \/>\nthree-month high. It did, however, remain well below the level<br \/>\nseen prior to the outbreak of the Middle East war.<\/p>\n<p class=\"text-align-justify\">Nevertheless, eurozone manufacturers were able to keep on<br \/>\ntop of workloads. In fact, they even managed to make inroads<br \/>\ninto their backlogged orders in June for a second straight<br \/>\nmonth.<\/p>\n<p class=\"text-align-justify\">A notable finding in the latest PMI survey data was regarding<br \/>\nprices. The rate of input cost inflation, albeit still elevated,<br \/>\ndeclined in June and was its softest since March. This<br \/>\nfollowed on from a sustained upward climb in the underlying<br \/>\nsub-index that goes as far back as September last year. As<br \/>\nfor their own price-setting, eurozone manufacturers were<br \/>\nless aggressive. The rate of output charge inflation eased to<br \/>\na three-month low.&#8221;<\/p>\n<p class=\"text-align-justify\">Overall, this should afford the ECB some added flexibility in waiting out the summer before deciding on the next course of policy action.<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Final manufacturing PMI 51.4 vs 51.3 prelim Prior 51.6 The overall euro area manufacturing sector still posted growth in June but activity declined to a four-month low. That comes despite a marginal&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433046","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433046"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433046\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}