The Eurozone private economy stabilized in January as initially estimated, final data from Markit Economics showed Friday.
The final Markit Composite Output Index came in at 50.4 in January, up from 48.3 in December. The reading was unchanged from the earlier flash estimate and exceeded the no-change mark of 50.0 for the first time in five months.
Meanwhile, the Purchasing Managers' Index for the service sector posted 50.4, down from the earlier flash estimate of 50.5. But it stayed above December's 48.8.
"A marginal increase in service sector activity in January provides welcome news that the sector may be showing signs of stabilising after sliding back into contraction during the final four months of last year," said Chris Williamson, chief economist at Markit.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.