2025.11.0310:09:46UTC+00Eurozone Manufacturing Stabilizes in October

The HCOB Eurozone Manufacturing PMI stood at 50.0 in October 2025, a slight increase from September's 49.8, indicating stabilization in the sector after a mild downturn the month prior. This figure marks the eighth consecutive period of slight output growth, though new orders have largely remained unchanged. Demand for goods in the euro area remains tepid, having risen in only one of the past forty-two months—specifically, in August 2025. New export orders continued their downward trend, impacting factory sales as they fell for the fourth consecutive month. Employment figures persist in their decline, marking almost two and a half years of continuous job losses. Inventory levels have also decreased, with reductions in both production inputs and finished goods, extending a prolonged phase of destocking. On the pricing front, input costs have remained steady, while selling prices saw a slight increase. Looking forward, business expectations have dipped slightly compared to the previous month, remaining low by historical standards.