Eurozone's flash composite output index rose 47.5 in May, up from 46.9 in April. Economists had expected a PMI reading of 47.2 in the month.
The euro showed mixed trading after the report. While the common currency edged lower against the Swiss franc, it held steady versus the rest of majors.
As of 4:03 am ET, the European shared currency was trading at 1.2864 against the US dollar, 1.2471 against the Swiss franc, 0.8549 against the pound and 131.01 against the yen.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.