The euro area private sector continued to contract in February, as extended lockdown measures weighed on the service sector, flash survey results from IHS Markit showed on Friday.
The composite output index rose to 48.1 in February from 47.8 in January. The expected reading was 48.0.
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Business News
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.