The industry grew for the third consecutive month in March, which is run by production regeneration and relaxation of inflation pressure.
Europe’s economic machine can finally start. The regeneration of the German manufacturing sector and the relaxation of pressure on prices across the Euro region a Ray of hope for the first European economyWhose growth He has diminished in recent years.
Recent Business Studies, called Purchase of Managers Codes (BMI) reveals that the private sector of the Europe has grown for the third consecutive month in March. BMI Code and Services and Products by Euro Zonely made by Global S&P measures the operation of the rose 50.4 to 50.4 February.
In spite of that Its highest level in seven monthsThe expectations of the consensus were slightly below and they were waiting for 50.8. More than 50 measurements indicate growth, while the inferior people point to the wrinkle.
Production shoots decrease the pressure on the price
Europe’s production production again grew. After the new financial package has been announced. “There are some probability of gaining Europe, and some of the things are named, reforms, safety costs and the completion of the capital market union,” says Cyrus of Business Hamburg Bank’s chief economist.
The development of the manufacturing sector is positively surprised, but the development of activity Services He was slow. BMI is less than 50.6 February to 50.4, Below the expectations of 51. Another positive point is a significant decrease in inflation pressure. The inflation rate of the costs of entries – the amount of companies paying for goods and services – has been reduced since November, which has been reduced to its low level, which has completed a five -month -long positive streak.
Similarly, sales prices have been softened by inflation, with a weak increase in 2025 to date. Considering this is likely to retire to the European Central Bank When to start to reduce interest rates. Researchers have speculated that the type reduction may already be restarted In the month of JuneInflation tends to continue towards 2% of the ECP purpose. “The evolution of the third -level sector is very protected by the ECP, and the pigeons of monetary power (low -traditional economy) will be well received,” the golden age said.
Germany progresses again; France is backward
The German BMI rose to 50.4 in the previous month of the previous month, which refers to its best decision since May 2024. Although it is still moderate compared to historical conditions, Europe’s largest economics reading confirms reading You are recovering a little. The German Production Production Code rose from 48.9 to 52.1, which is a Maximum 36 months.
The trigger of the services sector was slightly weakened, and under the consensus of 51.1 to 50.2 to 50.2, the service providers advise the service providers to step into the brake.
The second euro region continues to face difficulties. BMI rose to 47.0 in France in March from 45.1 February Even in the wrinkled territory but more than expected. Production has been contracting for seven months in a continuous and weighing Continuous weakness of industry and services.
The French production BMI improved from 45.8 to 48.9, while the service rose from 45.3 to 46.6. Although it points to the continuous decline, the recession of the wrinkle is referred to as it Poor condition may have happened.
“The mild reasons for the perspective of the national and international uncertainty, competitive stresses and the worst demand in major sectors such as automotive, construction and agriculture,” says Hamburg Commercial Bank economist Tariq Kamal Chaudhry. “While the hopes of improving operation have increased in nine months, it has increased to its highest level,” he added.
Can Europe use this stimuli?
Europe’s unequal results – Germany accelerates and France is backward – point An economy in change Toward the potential recovery phase. Nevertheless, a small regeneration in the activity and relaxation of inflation may open the door to relax its fierce currency policy by the end of this year, it is awarded Disruptions received from US charges Will be limited.
In more common terms, Europe’s commitment to financial investment and financial investment has a cautious belief that supports long -term competitiveness. If March data is to be seen They refer to the beginning of a prolonged recovery or if it is only a temporary rest. But now, for now, the European economy finally offers the signals of the movement, and the markets are focusing.
Euro rose 0.2% on Monday to 1,0830European stock markets recorded moderate profits. The Euro stacks 50 index rose 0.3%, and the German dox is 0.8%reviewed.