Eurozone factory output rises slightly in January
Eurozone Manufacturing Sees Modest Growth in January
In January, manufacturing activity in the eurozone expanded for the tenth time in the past eleven months. However, the pace of production remained subdued as new orders declined compared to December. The sector also continued to see job cuts, and companies scaled back their purchasing, though the reduction in buying was slight.
Despite these challenges, optimism among manufacturers climbed to its highest point since February 2022. On the pricing front, eurozone producers had limited ability to raise prices, with selling prices staying largely stable even as input costs rose at their fastest rate in three years.
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