[Worker Operating Angle Grinder with Sparks Flying During Metal Cutting]
* Manufacturing PMI in the Euro Area increased to a 2-month high of 50 points in October from 49.80 points in September 2025.
* New orders flatline and employment falls in October, but output creeps higher.
* Inventory levels were once again lowered across the euro area in October, extending an already protracted period of cutbacks to stocks.
* “The state of the eurozone’s manufacturing sector can be summed up as fragile in Germany, in recession in France, persistently weak in Italy, and showing only subdued growth in Spain," Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank said.
* "The politically tense situation in France is clearly not only contributing to the renewed slump in production there, but is also reflected in a sharp drop in the index for future output."
*
ETFs: (NYSEARCA:EWG [https://seekingalpha.com/symbol/EWG]), (NYSE:GF [https://seekingalpha.com/symbol/GF]), (NYSEARCA:EWI [https://seekingalpha.com/symbol/EWI]), (NYSEARCA:EWQ [https://seekingalpha.com/symbol/EWQ]), (NASDAQ:FGM [https://seekingalpha.com/symbol/FGM]), (DAX [https://seekingalpha.com/symbol/DAX])
* Currency: (EUR:USD [https://seekingalpha.com/symbol/EUR:USD])
*
MORE ON EUROPE, ETC.
* U.S. Dollar Signals The Death Cross (Technical Analysis) [https://seekingalpha.com/article/4806278-us-dollar-signals-the-death-cross-technical-analysis]
* EWQ: French Equities In A Global Context [https://seekingalpha.com/article/4805463-ewq-french-equities-in-a-global-context]
* EWG: Running Out Of Fuel [https://seekingalpha.com/article/4805312-ewg-running-out-of-fuel]
* German factory orders unexpectedly fall in June [https://seekingalpha.com/news/4479474-german-factory-orders-unexpectedly-fall-in-june]
* European indexes in green as investors shift focus to corporate results [https://seekingalpha.com/news/4478154-european-indexes-in-green-as-investors-shift-focus-to-corporate-results]
Euro Area manufacturing PMI rises to 50 points in October
Published 5 days ago
Nov 3, 2025 at 9:00 AM
Positive
Auto