The euro area private sector grew at the fastest pace since last July as a record expansion of manufacturing output was accompanied by a return to growth in the service sector, flash survey data from IHS Markit showed on Friday.
The flash composite output index rose unexpectedly to a 9-month high of 53.7 in April from 53.2 in the previous month. The score was forecast to fall to 52.8. A score above 50.0 indicates expansion.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.