What was the eurozone's flash composite PMI in August, and what does it indicate about business activity?

The eurozone's flash composite purchasing managers' index (PMI) rose to 52.1 points in August, marking a nine-month high and up from 52.0 in July. Since a reading above 50 indicates expansion, this signals that business activity across the eurozone continued to grow, with a sustained solid rise setting up the region for a robust increase in third-quarter GDP of around 0.3%.

How did eurozone manufacturing output perform in August compared to recent history, and where was the growth concentrated?

Eurozone manufacturing output surged to a 54-month high of 53.4 points in August — its strongest growth in four-and-a-half years — up from 52.9 in July. According to S&P Global, this growth was 'mostly centered on Germany, Europe’s largest chemicals producer.'

Eurozone Business Activity Rises in August as Manufacturing Output Surges

Aug 21, 2026

Eurozone manufacturing output hit a 54-month high in August, driven largely by Germany, Europe's largest chemicals producer. S&P Global reported a composite PMI rise to 52.1, signaling robust third-quarter GDP growth.

icis

2026-08-21

Eurozone Business Activity Rises in August as Manufacturing Output Surges

Eurozone Business Activity Rises in August as Manufacturing Output Surges

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