Skip to main content

Improvements in PMIs mask underlying fragility

The first estimates of the manufacturing PMIs for February improved in both China and the euro-zone, but remain at levels consistent with further falls in the prices of industrial metals. The detail on new orders is even less encouraging.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access