FX.co ★ Eurozone Factory Activity Edges Higher in March as Manufacturing PMI Hits 51.4

The eurozone’s manufacturing sector strengthened further in March, with the HCOB Eurozone Manufacturing Purchasing Managers’ Index (PMI) rising to 51.4 from 50.8 in February 2026. The latest reading, updated on 24 March 2026, indicates a firmer move into expansion territory, as PMI values above 50 signal improving business conditions.

The acceleration from February’s level suggests that factory activity across the currency bloc is gaining momentum, with manufacturers reporting a modest but continuing improvement in operating conditions. The move higher in March builds on February’s return to expansion, potentially signaling a more durable recovery in the region’s industrial sector.