Euro Area January PMIs: Composite Steady at 51.5, Manufacturing Rises to 49.4, Services Slip to 51.9
6 Articles
6 Articles
Eurozone service-sector inflation rises sharply – data - The Press United
The January PMI showed a modest rise in private-sector activity but significant underlying price pressures and more job losses in Germany Service-sector inflation accelerated sharply in January across the 21-country Eurozone bloc, while input prices for businesses continued to rise, according to the flash HCOB Purchasing Managers Index (PMI) published by S&P Global on Friday. […] The post Eurozone service-sector inflation rises sharply – data ap…
UK and eurozone more similar than headline PMIs suggest
January PMIs largely matched expectations for the eurozone, while surprising notably to the upside in the UK. The details, however, tell similar stories across the board – pointing to increases in both optimism and cost pressures, and the impact of political crosswinds. For the time being, traders are reacting to headline numbers, pushing GBPEUR stronger post-release. But given the underlying factors, we suspect that this will likely prove a tem…
Market Consensus CdM The total activity of the private sector of the Eurozone continues to grow in January, according to preliminary data from the MIP survey. However, the latest expansion was jointly the second slower since last September and "the recovery still seems quite blurred". "In the manufacturing sector, the MIP index continues to point to weakness, while the increase in commercial activity in the services sector is somewhat more mode…
Eurozone PMI composite stalls at 51.5, ECB likely to stay put - ActionForex
Eurozone business activity showed little momentum at the start of 2026, with January PMI data pointing to a fragile and uneven recovery. Manufacturing PMI improved modestly from 48.8 to 49.4, but remained in contraction. Services PMI eased from 52.4 to 51.9, leaving Composite PMI unchanged at 51.5, a level consistent with only modest growth. According […] The post Eurozone PMI composite stalls at 51.5, ECB likely to stay put appeared first on Ac…
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