The euro area private sector continued to contract in February, albeit at a slower than previously estimated pace, final data from IHS Markit showed on Wednesday.The final composite output index rose to 48.8 in February from 47.8 in January. The reading was above the flash 48.1 but the score below 50 indicates contraction. It is becoming clear that many virus-fighting measures will need to be in p...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.