International Economic

Eurozone private sector contracts as services PMI hits five-year low

By Benjamin Chiou

Date: Wednesday 06 May 2026

(Sharecast News) - The eurozone economy slipped back into contraction in April, according to final estimates of S&P Global's monthly purchasing managers' indices, with rising prices and weakening demand painting a picture of stagflation.
The eurozone composite PMI - a weighted average of the manufacturing PMI output index and the services...

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