Latest data released by Markit - 2 November 2018

  • Prior 53.2

The preliminary reading can be found here. Slightly lower than the initial estimates there and that's the lowest print since August 2016. Of note, what's more concerning is that new export orders slipped to 49.1 in October from 50.2 in September and that's a 5-year low.

With Italy's print slipping into contraction territory earlier, it doesn't bode well for the factory activity outlook of the Eurozone as we look to close out the year.