In November the Eurozone manufacturing PMI rises to the highest since June 2011, reaching altitude 51,6 points, against 51,5 points in the flash surveys and 51,3 in October. The index therefore remains above 50, which marks the boundary between expansion and contraction.
In detail, the Italian index it rises to 51,4 points, the highest for two and a half years, against 50,7 points in October and the expected 50,9 points.
What drives the eurozone, however, is in the first place the figure relating to Germany, which stands at 52,7 points, a clear improvement compared to the 52,2 points of the flash surveys and 51,7 in October.
In France, the manufacturing PMI rose to 48,4 points, from 47,8 points in the flash estimates and from 49,1 points the previous month.
The value relating to the In Spain instead it dropped to 48,6 points, from 50,9 in October, thus returning to the recessive zone. This is the first decline since July.