Eurozone private sector contracted again in April, preliminary results of a survey by Markit Economics showed Tuesday. The rate of decline was unchanged compared to March.
The composite output index, that gauges activity in both manufacturing and services, was at 46.5 in April, unchanged from March. Economists expected the reading to fall to 46.3.
Readings above 50 indicate expansion of the sector, while reading below 50 suggest contraction.
The services activity index scored 46.6 in April, up from 46.4 in March. This was forecast to rise to 46.5.
The manufacturing purchasing managers' index fell to a four-month low of 46.5 from 46.8 in March. This compares with forecast of 46.7. The manufacturing output index fell to 46.3 from 46.7 in the previous month.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.