Growth in the eurozone’s industrial sector unexpectedly accelerated in September to its fastest pace in more than four years, driven by strong demand for capital goods. Upward trends are also evident in key European economies, although rising inflationary pressures and falling demand for consumer goods are raising concerns about the next steps central banks will take. Here is an updated summary of the key PMI data for the manufacturing sector: Eurozone: The final PMI index stood at 52.9 points in September (up from 52.7 points in August; expectations were for 52.7 points), marking the highest reading since May 2022 and beating preliminary estimates.
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