European Union

Markit Manufacturing PMI fell to 57 in March 2022

Markit Manufacturing PMI fell to 57 in March 2022, down 1.2 from February's 58.2 reading. The reading matched the 56 consensus. Markit Manufacturing PMI has now declined for 5 consecutive months. Over the past 3 months, Markit Manufacturing PMI averaged 58.46, vs 58.42 in the prior 3-month window. Markit Manufacturing PMI is now the lowest in 13 months.