Final Manufacturing PMIs Released on December 1, 2025
The first Monday of December will see the release of final manufacturing Purchasing Managers’ Index (PMI) reports from several countries. This data, reflecting the economic health of the manufacturing sector, is expected to have a limited impact on the markets due to heightened risk aversion and the aftermath of a long holiday weekend in the U.S.
Key Release Dates and Times
Markets will be closely watching the following schedule for PMI announcements:
- 02:45 GMT: China – November PMI report
- 05:00 GMT: Germany – Speech by Bundesbank President Nagel
- 09:00 GMT: Poland – November PMI report
- 09:15 GMT: Spain – November PMI report
- 09:30 GMT: Switzerland – PMI report
- 09:50 GMT: France – November PMI report
- 09:55 GMT: Germany – November PMI report
- 10:00 GMT: Poland – GDP data
- 10:00 GMT: Eurozone – November PMI report
- 15:45 GMT: United States – November PMI report
- 16:00 GMT: United States – September inflation data
- 16:00 GMT: United States – November ISM data
- 18:00 GMT: United States – GDP data
Implications for the Market
With risk aversion prevalent, initial reactions to these reports may be muted. The recent Ifo business sentiment index in Germany suggested a weaker outlook, which may further contribute to pressure on the DAX index and the euro. Analysts will particularly focus on the manufacturing PMI figures from Germany, the Eurozone, and the United States to gauge potential market movements.
Economic Forecasts
The following economic indicators are anticipated from Poland:
- GDP (Quarter-over-Quarter, Q3): Forecasted at 0.8% (previously 0.8%)
- GDP (Year-over-Year, Q3): Forecasted at 3.7% (previously 3.3%)
As the week progresses, traders will pay close attention to how these data points align with expectations and what they could mean for the global economic outlook.
