{"id":441343,"date":"2026-11-02T18:00:14","date_gmt":"2026-11-02T11:00:14","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/eurozone-manufacturing-pmi-holds-up-in-october-but-rising-price-pressures-give-the-ecb-another-headache-441343\/"},"modified":"2026-11-02T18:00:14","modified_gmt":"2026-11-02T11:00:14","slug":"eurozone-manufacturing-pmi-holds-up-in-october-but-rising-price-pressures-give-the-ecb-another-headache","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/eurozone-manufacturing-pmi-holds-up-in-october-but-rising-price-pressures-give-the-ecb-another-headache-441343\/","title":{"rendered":"Eurozone manufacturing PMI holds up in October but rising price pressures give the ECB another headache"},"content":{"rendered":"<div>\n<ul>\n<li>Eurozone October final manufacturing PMI 52.7 vs 52.4 prelim<\/li>\n<li>Prior 52.9<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Euro area industry activity softened slightly in October, with the headline PMI estimate touching a two-month low. The output index slumped further to 52.8 from 53.6 in September, dropping to a four-month low. Overall, it still marks a modest expansion in manufacturing conditions despite\u00a0slower new order<br \/>\ngrowth and increased supply-chain pressures.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The most notable drags were France and Italy, bucking the broader expansion trend across the region. Of note, both countries posted\u00a0renewed deteriorations on the month.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">In the case of France,\u00a0domestic political uncertainty is the main drag and is biting at Europe&#8217;s second-largest economy. That is a big problem that might have potential spillovers to elsewhere across the region, not just in terms of borrowing costs but also fiscal risks and uncertainty.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Circling back to the report, supply-related challenges remained at large in October,<br \/>\nwith average delivery times from vendors lengthening to<br \/>\nthe greatest degree since June. But despite shipping delays,<br \/>\nfirms were able to add to their input stocks during the latest survey<br \/>\nperiod &#8211; marking the first month this has been the case since<br \/>\nDecember 2022.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The other key takeaway from the report is that there was a\u00a0rapid acceleration of cost<br \/>\npressures as input prices rose at the quickest pace since<br \/>\nMay. This was the second successive month that inflation<br \/>\nhas increased.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">As such, that won&#8217;t let the ECB breathe all too easily ahead of their December decision as inflation pressures continue to present policymakers with a headache amid growing risks of a wider economic slowdown in the euro area.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eurozone October final manufacturing PMI 52.7 vs 52.4 prelim Prior 52.9 Euro area industry activity softened slightly in October, with the headline PMI estimate touching a two-month low. The output index slumped&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-441343","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441343","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=441343"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441343\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}