Skip to main content
See every side of every news story
Published loading...Updated

Euro zone business activity grows steadily in November, PMI shows

Euro zone services PMI rose to 53.1, its fastest since May 2024, while manufacturing PMI fell to 49.7, reflecting job cuts amid weak demand, S&P Global reported.

  • This month, S&P Global's HCOB Flash euro zone Composite PMI declined slightly to 52.4, marking its 11th consecutive month above 50, indicating steady growth.
  • The service sector's weight means the 20-nation euro zone should grow faster in the final quarter than in the third quarter, reflecting resilience and improving business confidence.
  • The services sector accelerated as the services PMI rose to 53.1, its highest since May 2024, while manufacturing contracted with the manufacturing PMI falling to 49.7, below the Reuters poll prediction of 50.2.
  • Firms faced rising input costs at their quickest rate since March but largely absorbed them, while factories cut jobs at the fastest rate in seven months and output-price rises weakened to their slowest pace in over a year this month.
  • Persistent inflation around the ECB's 2% target means key interest rates are widely expected to stay on hold while services support faster final quarter growth.
Insights by Ground AI

8 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 72% of the sources are Center
72% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

BizToc broke the news in on Friday, November 21, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal